Fund Management

Carlyle records net loss, attributes it to investment loss on Fortitude Re.

The mega-manager has exceeded $1trn of AUM, a landmark, but says its flagship private equity fund’s fourth close puts it on track to be short of its predecessor.

In the face of growing cost pressures, there are few signs that private debt borrowers are experiencing widespread distress.

The firm will focus on providing structured credit for SMEs that are unable to access finance from traditional sources.

Accelex harnesses artificial intelligence and other technologies in a bid to bring more transparency to the asset class. The firm's Nicole Weder highlights some of the opportunities and challenges.

Current monetary policy and economic conditions are creating favourable conditions for the asset class says Bruce Richards of Marathon Asset Management.

Payment in kind is an option which, due to interest rate rises, is increasingly in demand from sponsors and borrowers. Lenders must make sure they are applied only in appropriate circumstances, say Daniel Hendon and Phil Anscombe of Proskauer Rose.

Rising rates are putting companies under pressure, but predicting widespread distressed activity continues to be a brave bet.

Progress has been made but more still needs to be done as GPs strive to make their sustainability efforts meaningful.