Robin Blumenthal
Over the last year, numerous strategic relationships have been formed as US and European GPs look to expand into each other’s territory. We explore what is driving these tie-ups along with the practical challenges faced.
CVI Credit Value Fund V focuses on distressed and credit-intensive assets within the firm’s core strategies.
The manager will invest as much as $500m in the asset-backed lender to emerging companies.
The use of a historic benchmark is coming to an end, but smaller banks argue its proposed replacement doesn’t meet their needs.
Credit Opportunities Fund II has beaten its $1bn target, hitting its hard-cap.
The relationship between private debt and insurance continues to evolve, with some high-profile partnerships having been formed over the past year – but tight regulation forces participants to tread carefully.
Earnings growth of mid-market private companies surged more than 16% in the first two months of the year, but there are concerns that fiscal and monetary stimulus in the US are creating 'very substantial risks'.
Blue Owl’s creation follows Altimar shareholder approval and the court’s denial of Sixth Street’s bid to block the deal.
Fund 5 is part of the manager’s senior debt financing platform.
Big state-owned funds, once viewed as ‘deep pocketed, dumb money’, are making their mark in private credit.