Christopher Faille
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.
Firm broadens its LP base as its acquisition by TPG nears.
Third asset-based fund exceeds target, nearly doubles the size of its predecessor.
The CEO says the present moment is the 'golden era of credit', as fund exceeds target .
The vehicle, known as GCRED, sees net proceeds of $650m, and attracts 'tremendous interest'.
New York bankruptcy court approves sale of the SVB Securities business for $81m in cash and subordinated debt to Klarman-backed management group.
Sixth Street Lending received commitments from pension funds in Michigan and Pennsylvania.