Loan Note: Kennedy Lewis strikes permanent capital deal, PennantPark/Pantheon tie-up, Mercer’s new head of debt

Why Kennedy Lewis is looking to the future with confidence after striking a deal with an Italian asset manager. Plus, Pantheon backs PennantPark and Mercer has a new head of private debt.

They said it

“One third of investors have already invested in distressed or opportunistic strategies that explicitly seek to benefit from the covid-19 fallout”

Taken from the asset owner survey Managing through Uncertainty by consultancy bfinance

First look

A stake in the future

Timeless appeal: Kennedy/Azimut deal shows attractions of permanent capital

It only closed its first fund in 2018, but Kennedy Lewis Investment Management is already able to boast about permanent capital thanks to this deal struck with Azimut Alternative Capital Partners, an acquirer of stakes in alternative asset firms that was set up even more...

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