The asset-based fund has attracted nearly half of its target in about six months.
US Capitol tax reform
Earlier efforts to reform carried interest taxation had stalled, before US Senator Joe Manchin announced on Wednesday that he and Senate Majority Leader Chuck Schumer had worked out a deal.
A new survey shows high-net-worth investors continuing to find more room for alternatives in their portfolios. Plus: S&P finds the number of 'weak links' on the rise; and AXA IM Alts makes a senior sales hire. Here's today's brief for our valued subscribers only.
Talent outflows are putting LPs in a difficult position at a time when having a sufficient number of experienced staff has become more important than ever.
Global Nature Positive Alignment Index also being developed as African leaders call for commitment of 1% of GDP for biodiversity restoration.
Bebb joins Thoma Bravo from Google, where she served as the head of global credit and ESG for nearly five years.
Hong Kong UBS Blue Owl retail investment
Former EmergeVest co-founder will launch an Asia private credit fund focused on providing financings for SMEs in Asia-Pacific.
Oaktree assesses the pros and cons of private credit in the current environment. Plus: Varde detects a turn in the cycle and Navis launches a new credit platform. Here's today's brief for our valued subscribers only.
fundraising
'It is getting harder out there,' president and COO Jonathan Gray said in the firm’s second-quarter 2022 earnings call in reply to a question about fundraising trends.
As a new report makes clear, for some managers market challenges are conspiring to create a fertile investment landscape.
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