Christopher Faille
The asset class was responsible for adding 1.6m jobs and $137bn in wages and benefits to the US economy in 2022, according to the report.
Second vintage of distressed and dislocated credit fund also beats its target.
Fasten your seat belts: it could be a bumpy ride, as high interest rates meet the need to deploy dry powder.
OCredit is a perpetual non-traded BDC and will be open to individual investors as well as institutions.
How is technology creating fresh ways for private debt funds to interact with consumers?
Commercial property loan originations rose much higher Q/Q (31%) than the average (17%) in the second quarter of 2023
Galligan and Flannery to oversee the new, perpetually private, BDC focusing on tech, sources say.
Investors made the mistake of pulling back in the downturns of 2001 and 2008 and want to avoid that now.
The dissenters in the 3-2 vote, Uyeda and Peirce, seemed to welcome a court challenge. But for several days that prospect hung in the air.
David Robbins, the firm's head of credit strategies, said the latest vehicle had a 'great mix of investors.'