Contrarian Capital recently missed its $450m target on a distressed real estate fund amid a drop-off in commitments from funds of funds.
2 min read · 26 September 2016
The fund achieved a nominal return of 0.5% in the last financial year and is now looking to invest in private debt as low interest rates begin to bite.
2 min read · 26 September 2016
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1 min read · 22 September 2016
Debt managers often stress how they can work in harmony with the banks. Recent data, however, shows that banks are recapturing parts of the mid-market lending space and are perhaps responding to what they see as a threat.
3 min read · 22 September 2016
The fund targets investments in the Italian NPL real estate market and is aiming to raise between €500m and €750m by October 2017.
2 min read · 22 September 2016
The investment firm saw its existing investors who put money into Breakaway’s debut fund increase their commitments for the second fund.
1 min read · 21 September 2016
A majority of institutions that committed to the vehicle, which is already more than one-third deployed, are first-time investors in infrastructure debt.
2 min read · 20 September 2016
Ian Scott joins the pension scheme, which invests in direct lending strategies and other debt instruments, after leading Barclays’ global equities team.
1 min read · 20 September 2016
The pension fund has increased its assets to £7.5bn and committed to funds managed by Oaktree and ICG.
2 min read · 20 September 2016
For Crescent, the latest allocation is the second it has received in quick succession from a Korean LP.
1 min read · 19 September 2016