John Bakie
The firm has appointed co-CEOs to manage a transition process as its CEO James Greenwood announces his retirement.
European transactions have dropped to the lowest number since the covid-19 pandemic broke out, due to a sharp decline in LBO volumes and other difficult market conditions.
The fund will co-invest in upper-mid-market loans through a partnership with ING Bank.
A growing number of fund managers are offering customised investment options for clients and are seeking ways to access retail clients.
The guide is ICI’s first major work focused on the private credit sector to help firms address climate change.
Infrastructure debt isn’t immune from the turmoil in the wider market, but it does offer protection for investors.
The fund will look to finance infrastructure projects with a strong ESG angle across Europe.
The fund is the firm’s largest to date and hopes to take advantage of reduced appetite among banks to support leveraged financings.
The firm has swiftly begun raising its latest vehicle after closing its fifth fund on $1.5bn last year.
Investors remain underallocated to private credit despite growing average allocations to the asset class.