John Bakie
The partnership will help structure businesses in KKR’s portfolio as well as third-party firms.
Analysis of returns on committed capital reveal a strong innings for distressed debt funds.
The combined division will look to tap into the growing demand for alternative strategies.
UK local government pension funds are starting to pool their assets as part of an ambitious consolidation project, but a selection of London managers have clubbed together to advance their more sophisticated plans for private debt. John Bakie reports
Freire has been working with Star Mountain to align the firm with ILPA’s principles.
The joint venture will see Natixis’ Denis Prouteau join Ostrum.
The fund will target a diversified array of lending opportunities across the world including direct lending and acquiring loans on the secondary market.
The firm hopes to capitalise on Germany’s vast SME market and growing demand for debt finance.
The credit specialist will increase dividends after a strong fundraising year.
Unitranche and super senior facilities will back the further growth of the sports equipment provider.