Sergio Padilla
The multi-private markets vehicles will be distributed through wealth advisers and aims to tap into vast markets for individual investors.
Ratings outfit expands its private credit team to beef up its practice.
The fund is on the hunt for managers as it begins to implement its 10-year investment plan
The firm’s entry into private debt with a direct lending fund will target sponsored and non-sponsored companies.
Three senior members of the credit solutions team will assume leadership roles at Ares’ direct lending operation.
The adviser and fund manager utilises new unlevered net-of-fees index to highlight disparity in returns.
Teachers Retirement System plans to allocate as much as $1.2bn for distressed debt and direct lending.
The interval fund seeks to invest across the manager’s credit platform.
The pension plan is looking to increase allocations to asset-backed, direct lending and distressed strategies.
BridgeInvest Specialty Credit Fund IV has an equal split of foreign and domestic LPs.