Robin Blumenthal
New records are being set in the CLO market on both sides of the Atlantic, despite a subdued M&A market.
Sources say the fund received more than $3bn of equity commitments.
A plethora of pressures point to challenging times for some parts of the private debt market.
Sixth vintage of opportunistic strategy handily surpasses its $3.5bn target.
The commitment by the French bank will support IG credit originated by Apollo and ATLAS.
Manager’s third direct lending fund nets the strategy’s largest capital commitment and exceeds an internal target.
A huge pool of insurance industry money could be headed for private debt but there are many levels of complexity for fund managers to navigate. Insurance and debt insiders talk to about the potential benefits and challenges of partnering up.
Colossal raise for third vintage beats $10bn equity target by over 50%, and nearly doubles that of precursor.
Asset manager group’s offer will allow Bermuda-based insurer to maintain operations and strategy.
The seed capital will support the manager’s non-traded, perpetual BDC, among other investments focused on the non-sponsored market.