Allianz backs Indian distressed debt fund for first time

The insurer has accepted a risk capital charge in exchange for yield enhancement from non-rated debt instruments.

ACC asks policymakers to focus on ‘quirks’ in European regulation

Cleaning up existing regulatory differences around Europe should be prioritised over sweeping changes, according to a new paper.

5 questions LPs in debt funds must ask about deal structuring

With corporate debt levels coming under scrutiny and worries of a global slowdown growing, private debt investors need to know where to look for risks.

‘The challenge is capital constraints’

Thomas Shanklin, managing director and head of private debt at Nationwide Insurance, speaks to PDI about the nuances of being an insurance LP and opportunities in the asset class

Permanent capital: the pathway to new investors

Apollo is in the vanguard of the trend as managers seek to lessen their reliance on drawdown vehicles.

Walking a fine sub-line

The use of subscription line financing by private debt managers has been an area of controversy, but market experts say its rise is inexorable.

Private debt’s Seoul searching

Building a good rapport with Korean investors takes time, but the effort may well pay off. Andrew Hedlund reports

Activist investor Stilwell puts forward nominees for ABDC board

The activist investor is taking a stand after Alcentra’s mid-market lending vehicle didn’t buy back 10% of its stock in 2018.

Ares raising open-end RE debt fund, lands commitment from SIC

The New Mexico sovereign wealth fund has invested $242m in the Los Angeles-based manager’s vehicles since 2014.

Dyal to close Fund IV on more than $7bn in Q1

Dyal was initially targeting $6bn but is likely to raise significantly more after completing six deals from Fund IV in 2018, PEI understands.

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