Christopher Faille
Oaktree Opportunistic Fund XII may become the largest private debt fund ever, and a sign of the times.
Creditors battling to recover the trucking company’s nearly $3bn in obligations include the US Treasury, Apollo, the Teamsters and pension interests.
Largest-ever energy transition private credit fund hits its hard-cap and surpasses $6bn target.
The downgrades follow from the macro context and vulnerability of certain classes of assets.
Carlyle records net loss, attributes it to investment loss on Fortitude Re.
Affirmation of ‘uptier rights’ of non-PTL creditors signals a likely continuation of creditor-on-creditor violence.
Credit Opportunities Fund’s final close beats target, brings Cap Solutions Group to $5.6bn.
SEC imposes a $1m fine and issues a cease-and-desist order.
Jensen Partners reports that a wave of acquisitions is under way in the private credit industry, and that it is driving up the value of talent.
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.