Robin Blumenthal

The New York-based manager has raised more than $4.1bn for the strategy over the past 10 months.

The A$7.5m instrument is said to be the first since 1933 to pay principal and interest in gold.

Technology, innovation and the rise of the millennials are transforming commercial real estate. We explore opportunity and threats amid a global pandemic.

Sources say Private Credit Fund IV has raised $855m in equity, more than half its $1.5bn target.

The cross-border linkup represents the US manager’s first foray into Europe.

The New York-based firm’s second multi-strategy credit fund is more than 45% invested, Private Debt Investor has learned.

The fund will invest in opportunities arising from covid-related economic disruption and market dislocation.

The vehicle targeting event-driven convertible instruments and relative value includes $685m of equity commitments.

There’s no shortage of Cassandras sounding the alarm over what some fear is the reckless printing of money by the Federal Reserve and other major central banks to try to shore up their economies in the face of the global pandemic, even as balance sheets and government debts continue to grow exponentially, writes Robin Blumenthal.

In accordance with the idea that size matters, a partnership between FS Investments and KKR, that manages two business development companies, has agreed to merge them.