Andrew Hedlund
The firm has already made seven investments from the fund, totalling 20% of committed capital.
The fundraise comes amid the potential for a record year in venture capital deal volume.
Laying the groundwork for a firm’s future involves many of the same factors for both private equity and private debt groups, but credit has nuances of its own to consider.
Laying the groundwork for a firm’s future involves many of the same factors for both private equity and private debt groups, but credit has nuances of its own to consider.
On Fitch’s leveraged loan default watchlist, private equity-backed companies are well represented, but not beyond what one might expect.
As US Congress gets ready to reform the tax code, private credit and private equity firms will square off with elected leaders over a tax deduction that is crucial to both asset classes.
The CLO issuance comes as total issuance for the year is nearing 2014’s record level.
The platform is Antares’ third iteration of a unitranche JV.
Wisconsin and Florida pension funds contributed to the latest vehicle, two retirement plans that also committed to its predecessor, Providence Debt Fund III, which was also oversubscribed.
Capital raised for subordinated debt this year through September makes up one-fifth of the fundraising total, versus a quarter last year.