Private Wealth

Four factors weigh on the sector: leverage, redemptions, asset quality and the risk of obsolescence by AI.

The firm said that redemptions were not motivated by fundamentals, but by a broader trend of investors seeking liquidity from funds elsewhere.

Apollo and Ares’ funds join a growing list of funds enforcing redemption limits, seeking to avoid downgrades.

Redemption requests in HPS Corporate Lending Fund exceeded the usual limit by more than 4 percentage points.

Sabrina Meng will start in a new role at the British GP next month, Private Debt Investor has learned.

Partnership to focus on hybrid, public/private and debt investing. Apollo sees strong growth in earnings from fees and spreads.

Both in terms of its use cases and sources of capital, fund finance is stepping into a new era. Adam Summers and Ariel Zell, co-heads of Fried Frank’s Fund Finance Practice, alongside their new partner John Oberdorf, explain this evolution.

As private credit becomes an increasingly crowded market, Chris Hedberg of AllianceBernstein explains what is required to seize upon the best opportunities.

The manager confirmed the OBDC and OBDC II merger is terminated and it will re-evaluate alternatives.

As part of the tie-up, Amundi will pick up a 9.9% stake in London-based ICG by June 2027.