PDI Staff Writer
Many senior women in private debt attribute the imbalance in the asset class to a lack of relevant education and recruiting directed towards young women. Rebecca Szkutak reports
The BDC acquired the majority stake from Solaia Capital Advisors, which will maintain a minority stake.
This fund looks to deploy capital across real estate, specialty finance and corporate credit strategies.
Both vehicles, which are backed by Solar Capital Partners, are working toward reducing their portfolio risk.
Despite muted NII growth and a slight decline in NAV, the BDC saw strong returns during the fourth quarter.
Debra Hemsey joins PCEP with more than 25 years’ experience in energy investing, and will focus on origination.
Silver Point Distressed Opportunity Institutional Partners closed on more than $1.1bn, surpassing its target of $750m.
The strategy focuses on lending to growing tech companies with more than $3m in ARR.
The vehicle is the firm’s largest fundraise yet and will focus on a combination of debt and equity strategies.
The fund will operate as a business development company and is targeting $2.5bn.