John Bakie
Fundraising for distressed debt strategies continues to follow broader trends, after a poor 2023 for fundraising across the private credit space.
Adam Le spoke to Barings' Bryan High to get his views about how private credit will evolve and why LPs are flocking to the asset class.
The fund exceeds its predecessor and will continue to invest in more complex credits to deliver enhanced returns.
A temporary injunction has been granted to prevent former Barings employees from using its confidential information to solicit clients.
The deal is part of Pemberton’s long-term goal to expand its investor base into the wealth management space.
The firm is targeting €250m for its DACH-focused private debt fund.
The firm accuses them of contractual breaches and using confidential information to draw clients to their new venture at Corinthia Global Management.
More than 20 team members, including senior staff, have left Barings to join newly founded private credit manager Corinthia.
There are many different definitions of the credit opportunities strategy, but all offer flexibility and a distinct position in the investing spectrum.
A new open-end fund has already secured €550m to invest in European private credit.