Anastasia Donde

Kipp deVeer touted the JV and Ares Capital’s acquisition of American Capital as evidence of his firm’s ability to lead ever-larger transactions, despite concerns over a decline in deal quality.

Sean Ruhmann is joining TA Realty in Boston, Chris Hill has hopped to EnTrust Permal in New York and Siddique Haq is working at MC Credit in Stamford, Connecticut.  

Carlyle Group is talking to potential buyers about selling just three years after buying the $185bn fixed-income manager from Société Générale.

The $180bn pension plan committed to funds managed by Audax Group and Värde Partners in the second quarter.  

Senior lenders on a credit panel at the event talked about the need for greater transparency, hidden risks in documentation and other concerns in the debt market.

It seems private debt is quickly becoming a darling of pension fund portfolios, judging by the chatter at this year’s Private Equity Exclusive conference. Though investors must be mindful of the risks.

While junior debt has caught a bad rep in some circles, several panelists at The Private Equity Exclusive conference in Chicago this week talked up its merits. 

The Angelo, Gordon-owned mid-market lender is raising $1bn for its second fund, two months after closing the first.

The Providence Equity Partners-owned credit firm has been soft marketing its next debt fund to existing LPs and plans to formally start fundraising for $1.75bn in autumn.  

The Swiss bank’s own M&A advisory group is representing the non-traded vehicle in a sales process. Bids were due yesterday.