Investors

Talk of strategic expansion may be overblown

Regulatory concerns focus on private debt’s perceived growth into new areas – but capital is flowing into an already well-trodden part of the market.

Arrow secures $400m from ADIA for real estate credit

The deal follows a number of major commitments to European private credit from the Abu Dhabi sovereign wealth fund.

Self-regulation under the microscope

The overturning of a plan to increase SEC oversight leaves private debt continuing to attract scrutiny from a wide range of organisations – including LPs.

Why lenders have a sporting chance

Traditionally a happy hunting ground for equity, the sports sector is now opening up to non-bank lending as well. Aaron Kless of Andalusian Credit Partners explains why the potential is huge.

Seventh consecutive quarter of growth: Golub index

Golub Capital’s Altman Index shows firm growth in the mid-market was led by healthcare, industrial and tech firms.

Private debt’s question of alignment

Whether managers in the asset class are sufficiently incentivised has become a point of contention.

Raising a NAV fund? Head to Korea

NAV’s inherent synergies with secondaries means the strategy is gaining significant traction among East Asian LPs.

L&G offers private markets to 5.2m pension members

The move is the latest to offer private markets funds, including private credit, to a wider range of mass market investors.

Emerging managers prove their worth in speciality finance

This is a rare part of the market where first-time funds have a chance to stand out.

All or nothing: The flexible Future Fund

The Australian sovereign wealth fund’s total portfolio approach means it does not have set allocations, and every investment class – including private debt – is in competition for dollars at any given time. PDI discusses this approach and its implications with James Waldron and Shikha Gupta.