Raising capital from wealthy individuals requires 'a lot of support, a lot of handholding, a lot of guidance, a lot of education', senior managing director Alex Catterick tells PDI.
Credit, insurance and real estate debt accounted for more than 60% of the manager’s first quarter haul.
Satish Mansukhani of Rithm Capital Corp sheds light on the lessons that private credit can learn from the evolution of the mortgage servicing right.
Uncertainty about the use of proceeds poses an issue for NAV lenders looking to manage ESG risks.
Jesse Hom will join the firm in June as it looks to expand its real estate presence amid bank lending pullback.
The buyout firm is on a path to reach $1trn in total assets in the next five years.
A larger and more diverse universe of opportunity for distressed debt and opportunistic credit is unfolding. There are a number of reasons why.
Pressures on banks and the high-yield market, especially in China, mean private debt funds can expand through the provision of flexible capital.
In conjunction with the investment from Petershill, Azimut Alternative Capital Partners will divest its non-controlling, minority equity stake in Kennedy Lewis.
Blackstone took online pet care marketplace Rover private for $2.3bn, and Vista took software developer EngageSmart private for $4bn.