Investors

Some investors have been ‘housing capital’ in evergreens before redeeming to fund a Hamilton Lane SMA, co-chief Erik Hirsch said on a Tuesday earnings call.

While some consider payment-in-kind’s origin to be a determinant of eventual outcomes, there are pitfalls in the prevailing logic.

With interest growing in Asia-Pacific and the Middle East, the firm was able to close its latest direct lending fund well ahead of target.

Ares Management raises a record $36.4bn in capital and deploys $36bn

The New York-based manager is adding competitive lending depth atop its flagship platform and has more capital-raising efforts in the works.

Are LPs necessarily as enthusiastic about committing capital as the fundraising data suggests?

Check out the PDI H1 2026 Investor Report.

Two-thirds of investors are short of their allocation targets, our Investor Report finds. Plus: our invite to a gathering of LPs offering their insights into market developments. Here’s today’s brief for our valued subscribers only.

Pension embraces secondaries, more active portfolio-management approach, as it ramps up to a 5% allocation target

The NCIA is committing capital to the GP’s real estate debt, capital solutions strategies.