News & Analysis

Why avoiding risk is a risky business

Investors seeking refuge from the wild swings of the stock market may find that diversification brings unexpected challenges.
american business

European and Asian investors face costly hidden fees for US debt funds – report

Fees for offshore vehicles and a range of hidden costs are causing a returns disparity for non-US investors in US funds.

Why LPs are upping the ante on fee verification

A number of factors are pushing investors to seek outside help in sifting through their fees, expenses and carried interest payments.
Outline of India

ADIA-backed Kotak Investment garners $1bn for first debt fund

The Indian fund manager is targeting NPLs and structured financing opportunities.

Crescent BDC to acquire Alcentra Capital for $142m in cash, stock

Alcentra BDC shareholders will retain 19% of the combined entity, while the buyer will reduce its management fee and up its hurdle rate.

Goldman Sachs collects almost $900m for private BDC

The new vehicle has purchased several investments, all of which are portfolio companies of the firm’s publicly traded Goldman Sachs BDC.

BNP Paribas closes CLO on €407.5m

The CLO was oversubscribed and raised capital from European and Asian institutions.
pile of rolled dollar note bundles

Blackstone’s investment in BC Partners is about more than hard capital

The London-based private equity firm picked the New York giant as a minority shareholder also for the soft benefits that brings.
Arrows on a chart

Fund of firms: Who owns what?

With Blackstone’s stake in BC Partners the latest deal in an expanding market of GP stakes, we look at which firms have been on the acquisition trail.

Debt funds are picking a bigger fight – and this time, they’re winning

Credit managers are now making offers for almost multibillion-dollar loans. But as private credit heads into uncharted waters, the asset class's next big challenge could come from the very force that catalysed its growth.
pdi
pdi

Copyright PEI Media

Not for publication, email or dissemination