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Sergio Padilla

An expanded private debt platform is considered in the asset management unit’s quest for $1trn in AUM.
Credit Opportunities Fund III is Carlyle’s largest-ever credit fundraise, with ‘robust appetite’ for the strategy.
The Abu Dhabi sovereign wealth fund will expand its reach into fund finance and open itself to external shareholders.
Report by Davidson Kempner finds that although PIK and liability management exercises abound, the need for deleveraging may make itself apparent.
COAERS is expected to approve a 10% allocation to private debt as part of an overhaul to focus on that asset class and real assets.
Singapore
The Singaporean sovereign wealth fund’s platform will be separate from Seviora Group.
European Union and Luxembourg flags waving in front of the Chamber of Deputies - Luxembourg City, Luxembourg
The European distressed and special situations credit fund was smaller than its predecessor.
The acquisition will create a $240bn private debt platform, the fifth largest of its kind.
Globe
Survey of investors and managers points to interest in the asset class continuing to rise.
Recapitalisations and refinancings surpass M&A, but investment banks expect a turnaround.
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