John Bakie
Median fund DPI has declined since the early days of private credit, according to PEI Group data.
CVC and Tikehau announce their H1 2026 results, which both reflect more challenging conditions for deployment of capital.
The firm reported significant growth in royalties investments in the first half of 2026, as investors seek diversification.
While fundraising totals are up, the number of funds reaching a final close has fallen to its lowest level this decade.
Fundraising saw its strongest ever H1 this year and could break records if momentum is maintained, according to the PDI Fundraising Report H1 2026.
The firm said it benefited from a more conservative approach to fund structuring following difficulties with US semi-liquid vehicles.
Timescales matter to investors, often in very different ways, and GPs need to think about how they can cater to those with different outlooks on the future.
Sovereign wealth funds are looking to put more capital to work in private markets, while reducing public equity and fixed income exposure.
Infra debt’s stable cashflows and strong track record are prompting more LPs to engage with the asset class.
The firm said its latest fund will complement its existing strategy with a focus on companies experiencing transformative growth.