John Bakie
The sector is continuing to grow in popularity, as seen by recent strategic moves from the likes of SoftBank and BlackRock.
The final close of its fifth generation fund means the firm has tripled its credit assets under management in five years.
Our latest LP Perspectives survey found that more than a third of investors plan to increase allocations to private debt.
A decade of fundraising data reveals two distinct eras for capital commitments to the asset class.
The deal will see the Kreos investment team join BlackRock and will expand the asset manager’s risk/return offering in private credit.
The business, which spun out of AnaCap last year has made its first major appointments as an independent fund manager.
Houlihan Lokey’s latest MidCapMonitor provides further evidence that market conditions are becoming more challenging for debt funds.
The fund received backing from InterVest Capital to provide finance solutions for UK businesses in complex situations.
The vehicle will be structured as an LTAF and offer DC pension members access to assets including private credit and private equity.
Last week’s PDI Europe Summit highlighted opportunities from repricing, more flexible structures and the tricky art of pricing ESG.