Fund Management

The firm's credit AUM is up 25% year-on-year as it chases an overall $40bn fundraising goal, across funds and strategies, for 2024.

In the latest Private Debt Investor Podcast, Raymond Wright of London CIV tells of his wariness around loans passing from regulated bank balance sheets to an unregulated market. But he has high hopes for the asset class in areas such as asset-based finance and secondaries.

The 'disease' may be curing itself, one expert suggests, as self-interest has incentivised restraint.

The deal will see Hayfin’s management team and Arctos take control of the business, which has built a substantial private credit operation in Europe and North America.

Regulatory concerns focus on private debt’s perceived growth into new areas – but capital is flowing into an already well-trodden part of the market.

The platform is set to launch in September, and eventually expand into private credit.

Court denies motion to prevent another employee from joining UK-based Corinthia.

Total credit AUM increased to $330bn with inflows of $18.6bn in the quarter.

The overturning of a plan to increase SEC oversight leaves private debt continuing to attract scrutiny from a wide range of organisations – including LPs.

The partnership has $5bn in investable capital, and follows Oak Hill’s launch of a $1.5bn perpetual BDC.