PDI Staff Writer
Blackstone has provided venture capital funding for tech firm Cardo AI, which produces the asset-based finance tech it uses in its credit division. 17Capital has received a $1 billion investment for its NAV finance strategy.
European public markets have become more active through 2024 and this is having knock-on effects for private debt funds. Plus: GCM Grosvenor and CIO Investments are launching a retail infrastructure fund consisting of equity and debt.
The deadline to enter the Private Debt Investor Global Awards 2024 has been extended by a week.
Janus Henderson is launching a credit ETF consisting of a broad basket of credit instruments. Blackstone makes changes to the leadership of its tactical opportunities strategy.
Our survey respondents believe private debt is a credible alternative to the BSL market. Plus: KBRA sees demand growing for rated NAV loans; and PennantPark fund close beats target.
Arcmont becomes the latest European fund manager to hit the impact debt fundraising trail. Plus: Allianz and AITi join forces with a wealth programme; and the Yellow bankruptcy case takes a twist.
BC Partners has teamed up with Piper Sandler to loan money to regional banks. Aquarian takes a stake in clean energy lender PACE; and Pemberton prices its second CLO.
Portfolio builders, dealmakers and advisers to young people feature in the first cohort of the Rising Stars 2024.
Forward thinkers, fierce negotiators and key drivers in Africa are part of the second cohort of the Rising Stars 2024.
The overwhelming majority of NAV loans are being used to fund M&A and create additional value in portfolios, says 17Capital’s co-founder and managing partner, Pierre-Antoine de Selancy.