John Bakie
The deal will see ARA take a majority stake in Venn and assist with its expansion.
The hires will support deployment of ICG’s first vintage of its mid-market strategy.
The global economy is under pressure in 2020, but the outcome is hard to predict. PDI looks at three different views on how things will develop this year.
The second SME loan fund from BNPP AM will provide growing SMEs with a combination of fund and traditional bank finance.
The move is part of NN IP’s aim to grow its alternative credit capabilities, which already amount to €40bn of assets.
Private markets are likely to benefit from increased allocations from insurance companies seeking higher returns in the coming years.
The fund will adopt a conservative strategy and incorporate ESG into its investment process.
Investors are still looking to commit more capital to private debt, with direct lending the most popular strategy.
Investment leadership will be shared across New York and London under new structure.
Real assets are a large but often hidden part of the private debt world.