PDI Staff Writer
The asset manager created a new credit vehicle to focus on CLOs and plans to add more real estate debt offerings.
Apollo’s BDC saw a NII loss of 1.9% in the fourth quarter, but was able to decrease its non-core assets to 16.7% of the portfolio.
The vote was originally scheduled for 8 February but was moved back because of setbacks caused by the US government shutdown.
Credit shops have traditionally avoided the strategy, but innovative new opportunities are luring them to carve a niche for themselves
Adam Savarese spent more than six years over two separate stints of employment at the firm.
The MCC Special Committee declined it, saying it wouldn’t maximise value for shareholders as much as the current proposal.
The firm reached a lending milestone during the fourth quarter, despite revenue and net income losses.
As we near the end of the current cycle, the maturing private debt industry hits a crucial stage in its evolution. Cesar Estrada, State Street’s head of product management for private equity and real assets fund services, explains how fund services will play a part.
From sub-line financing to cybersecurity, there are shifting landscapes that private debt managers will need to be on top of.
Company weaknesses are beginning to be exposed in Europe, so how private debt managers position themselves to take advantage is crucial. PDI discusses key market themes with three senior partners from EQT Credit.