The mortgage market is healthier than many believe and asset-based finance offers big opportunities, says KKR.
Bfinance notes strong client demand for private debt. Plus: Canada playing catch-up on alternatives allocations; and Vivriti claims first-of-a-kind fund in India. Here's today's brief for our valued subscribers only.
The fund received backing from InterVest Capital to provide finance solutions for UK businesses in complex situations.
Multi-strategy interval fund under portfolio managers Adam Kramer and Brian Chang will be marketed through financial advisers.
National and regional banks are expected to reduce commercial real estate lending, which opens the door for the private markets.
The long-awaited decision reflects the concerns of CIO Marcus Frampton about an overvalued PE market.
The firm, which closed its Pantheon Credit Opportunities Fund II in May, sees around 70% of dealflow coming from LPs, according to global head of private credit Rick Jain.
PacWest attempts to add liquidity as regional banking turmoil persists.
Greenhill's private capital advisory unit, which advises on LP and GP-led secondaries transactions, will be included in the acquisition.
For GPs with funds in market, any extended fundraising delay could cause headaches, as they have deadlines to meet, deals to close and employees to pay.