Fundraising

Opportunistic credit finds favour as distressed loses its appeal

Several big hitters are now in the market with ambitious opportunistic credit strategies, hoping to capitalise as LPs turn away from conventional distressed plays. So, what has prompted this change of tack?

Goldman Sachs on plans to more than double credit platform

The firm reported a 51% jump in its private credit fourth-quarter earnings year-on-year.

China focus: LPs tread carefully on Chinese private debt

Investors are understandably nervous about Chinese private credit, but there are still opportunities for those willing to seek them out.

Tough fundraising market belies belief in Asia

The headline figures may look grim, but sentiment is becoming more optimistic on APAC private debt.

ILPA’s Prunier: ‘Vast majority’ of LPs unsupportive of NAV loans

‘There has been some bad behaviour that has caused some of these frustrations,’ he said.

Pemberton secures €2.3bn for third credit opportunities fund

The fund exceeds its predecessor and will continue to invest in more complex credits to deliver enhanced returns.

Vicenda receives €30m from EIF for inaugural credit fund

The firm is targeting €250m for its DACH-focused private debt fund.

GoldenTree closes debut private credit fund

Commitments total $1.35bn, including $50m from partners and employees.

Reflections on the past, present and future of private debt

Six private credit insiders share their views on how the market has been shaped over the past 10 years, and what to expect next.