The acquisition – which includes GCP assets in Japan, Brazil and the US – will nearly double Ares’ real estate assets under management.
Franklin BSP Realty Trust’s Comparato breaks down the transaction, which marks a bright spot for a quiet sector.
With the interest rate environment once more the talk of the town, private debt will have to adjust to another new reality.
The M&A market is proving sluggish, meaning credit funds reliant on the private equity-sponsored arena are facing a challenge. Creativity is the way to respond.
Credit is a huge market overall in Asia-Pacific but private debt represents only a small proportion. Andrew Schantz of Bain Capital outlines the opportunity ahead.
Goodwin attorneys suggest this is a symptom of a change in the balance of power between private equity and private credit in distressed circumstances.
VPC brings an asset-backed business and litigation finance to the table.
Sophisticated lenders may not have been caught so flat-footed by a JCrew transaction after all.
Like its purchase of Prima in April, the transaction looks to expand Blue Owl’s footprint in private credit.
Traditionally a happy hunting ground for equity, the sports sector is now opening up to non-bank lending as well. Aaron Kless of Andalusian Credit Partners explains why the potential is huge.