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GSBD to take investment risk profile into account for new target leverage

The alternative lender’s quarterly net investment income covered its $0.45-a-share dividend.

Apollo holds $2.2bn first close on hybrid debt-equity fund

The firm expects to hold a final close on its Hybrid Value Fund, which is targeting $3bn, by year-end.

Ares raises $1.4bn for debut US direct lending private fund

The southern California-based alternative lender raised $11.4bn for its credit platform, aided by the close of its latest European direct lending fund.

Apocalypse now as no-deal Brexit looms

Private debt managers are being forced to consider the consequences of what once seemed unthinkable – the UK crashing out of the EU with no trade agreement.

Cheyne hits hard cap with $800m for real estate debt

Cheyne’s latest vehicle is 80% invested with a greater focus on senior debt funds.

ARCC ups dividend for first time since Q3 2012

Ares Management's BDC, which saw net outflows from its portfolio, experienced strong realised and unrealised gains of 22 cents a share.

Barings, AllianceBernstein look to reach HNWIs

The two asset management behemoths plan to tap an additional investor outlet.

Carlyle to divert $2.4bn of insurance assets to credit

The firm is acquiring a 19.9% stake in DSA Reinsurance from AIG in a deal that includes $6bn earmarked for Carlyle funds, the plurality of which will go to credit.

Judo raises A$140m for Australian SME lending

Melbourne-based Judo was founded by an experienced team of bankers.

Alt asset managers find buyers ready to snatch up minority stakes

More private fund managers that oversee closed-end funds are selling portions of their firm to finance product growth, succession or larger GP commitments.

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