Robin Blumenthal
Credit, insurance and real estate debt accounted for more than 60% of the manager’s first quarter haul.
The firm reported a 51% jump in its private credit fourth-quarter earnings year-on-year.
CIOs and CFOs polled in the firm’s annual survey expect private debt will deliver the highest returns this year, tied with US equities.
They co-operate but also aggressively compete with each other. But what exactly are they compromising on and fighting over? We take a deep dive into the places where banks meet fund managers.
The 'oracle of credit investing' rates the Fed, the banking system and private credit, and discusses interest rates and the upside of excesses.
Gray tells PEI Group’s NEXUS conference that corporate and real estate debt are the fastest growing assets of the firm.
The industry veteran doesn’t believe private credit will bring down the system, but some managers will struggle in a higher-rate environment, he told attendees at PEI Group’s NEXUS 2024 summit.
Bucking a trend, the manager reports a strong response to three of its credit funds, including a final close for Pathfinder II.
Macroeconomic pressures may be a cause of concern, but business development companies appear in generally good shape.
The strategy’s third vintage will invest across the capital structure in companies with enterprise values of up to $3bn, and surpassed its $1.25bn target.