Neuberger Berman collects $1.7bn for latest debt fund

The firm’s co-head of private debt still sees investors making first-time allocations to the asset class, despite the glut of capital raised in recent years.

Jefferies, Stonyrock launch fund of firms partnership

The New York-based investment bank and newly-formed Stonyrock are just the latest entrants into one of alternative asset’s booming sectors: taking non-control positions in private markets managers.

Oaktree markets fifth mezzanine fund

The credit manager collected $852m for its predecessor vehicle, which began investing in 2014.

Cerberus’s initial NPL fundraise collects $5.1bn

A November report from the European Commission estimated total NPL volume in the EU to be €820bn.

Massive fundraising numbers lift Blackstone above $500bn AUM mark

With these results, Blackstone is more than halfway to its goal of managing $1trn by 2026.

MCC to amend original merger proposal, consider a solo sale

In a term sheet settlement with FrontFour Capital Group, MCC also added FrontFour founder, David Lorber, and one other to its board of directors.

Blackstone to become corporation after Trump tax cuts

New status is expected to widen the range of US and foreign owners of Blackstone’s stock.

Adams Street looks to add BDC to credit product suite

The private equity firm launched its private debt arm in 2016 and has so far raised over $500 million for its closed-end fund.

MBK Partners garners $850m for its first special situations fund

The buyout shop was looking to raise $750m-$1bn for the vehicle and is targeting returns from 20-25%

Ninepoint Partners and Monroe Capital launch joint fund

The vehicle will help bring Monroe’s US mid-market strategies to a group of Canadian investors looking to access that strategy.

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