Investors

Continuation vehicles backed by Pantheon will acquire a total of roughly $2bn of private credit investments.

The investor is also moving into other new areas of illiquid credit, including infrastructure and real estate financing, says founder and CEO Antoine Prudent.

Despite discussions of declining investor demand for liquidity, both funds saw requests for double-digit amounts of shares to be tendered

Apollo’s $9bn minority equity deal with gas company Oneok may well divert more attention to these kinds of arrangements.

Research points more towards idiosyncratic stress in particular borrowers and market segments than broad deterioration across portfolios, says the global head of the Alternative Credit Council.

Portfolio finance offers a wide range of solutions and its impact in the market shows no sign of slowing, says Matt Hansford, head of Europe, portfolio finance, at Barings

Our annual ranking of private credit’s biggest fundraisers also shows capital raising increasing overall – and rising especially fast for the largest fund managers.

Hysteria in the business development company market has given way to a calmer search for liquidity options.

Rachel Farrell will leave the £68bn UK pension fund, which is looking to in-house more investment decision-making while also working with a broader range of GPs, PERE has learned.

Our PEI Private Credit 200 ranking shows capital raising increasing overall – and accelerating especially fast for the largest fund managers.