Robin Blumenthal

The lower-mid-market vehicle has exceeded its initial target by more than $1bn, raising more than twice the amount of its predecessor.

Private debt accounts for as much as 45% of total commitments, the highest among strategies

Is there systemic risk in private credit? And, if so, what are the chances of it spilling over into the broader economy?

The manager expands its reach into the mass affluent market with the launch of a $1bn vehicle and a stake in CAIS.

Plentiful liquidity and a low default rate are generating optimism for leveraged loans, but aggressive leverage may yet cause concern.

With the spectre of inflation continuing to rise and gold prices approaching five-month highs, investors are once again flocking to the metal. And amid the renewed interest, two firms have designed private offerings to help capture some of the potential upside, writes Robin Blumenthal.

We take the temperature of the market based on conversations with some of the asset class’s biggest fundraisers.

A Moody’s report has set tongues wagging regarding the risks or otherwise of private credit. We consider the arguments.

Management fees and assets under management surged more than 50% year over year, with the retail channel representing nearly $50bn of AUM.

Agreements with Kobalt Capital and Hipgnosis represent a continuation of a strategy that the managers have been building in music publishing for some time, and it appears likely to continue.