John Bakie
In the years after the financial crisis, real estate debt funds stepped in to plug gaps left by the banks. But as banks have continued to retreat, private funds have extended their reach. John Bakie reports
Senior and unitranche dominate European deals.
The fund will make loans to small UK businesses secured against the owners’ assets.
The partnership will help structure businesses in KKR’s portfolio as well as third-party firms.
Analysis of returns on committed capital reveal a strong innings for distressed debt funds.
The combined division will look to tap into the growing demand for alternative strategies.
UK local government pension funds are starting to pool their assets as part of an ambitious consolidation project, but a selection of London managers have clubbed together to advance their more sophisticated plans for private debt. John Bakie reports
Freire has been working with Star Mountain to align the firm with ILPA’s principles.
The joint venture will see Natixis’ Denis Prouteau join Ostrum.
The fund will target a diversified array of lending opportunities across the world including direct lending and acquiring loans on the secondary market.