Justin Slaughter
.jpg "Thorofare real estate debt fund raises $164m")
The firm provides short-term bridge loans with loan-to-value ratios of up to 68%.
A collection of some of the key recent hires and promotions in private debt.
.jpg "GSO raises $6bn distressed fund, expects slow deal activity")
The credit platform showed a 14% annualised net internal rate of return as of 30 September.
Chicago Police Annuity and Benefit Fund is shifting towards private credit ahead of downturn.
The sale of the publicly traded BDCs comes as stock prices for that type of investment vehicle have shown a slight dip.
The previous CVI Credit Value Fund III held a final close on $3.04bn.
The JV, which will target retail investors, will start operations next year, with Kamal Bhatia and Mark Jenkins as its co-heads.
The Florida fund is the latest in a series of pension plans to ramp up allocations to the asset class.
The pension plan’s fixed-income portfolio needs ‘additional return for less risk’, according to materials prepared by NEPC.
.jpg?id=19327395029 "Monroe’s latest senior fund nearing second close on $650m")
The Chicago firm has set a $1bn hard-cap for its Private Credit Fund III.