Given the shock of the new rate environment, some borrowers will experience problems, according to Howard Marks. He thinks talk of systemic risk is exaggerated though.
Commitments total $1.35bn, including $50m from partners and employees.  
Oaktree's Howard Marks in conversation with PDI's Robin Blumenthal. Plus: Blackstone retail fund forms partnership in Finland; and cross-border fundraising on the increase. Here’s today’s brief for our valued subscribers only.
The vice-president of the European Central Bank said alternative debt providers are of greater concern than traditional lenders.
The skyline of New York City, United States
New vehicle is the firm's first commingled fund for its global commercial real estate credit business.
The 'oracle of credit investing' rates the Fed, the banking system and private credit, and discusses interest rates and the upside of excesses.
Hand cutting a slice from a large dollar coin
Private debt sees strong asset growth and modest allocation growth within US state pension portfolios. Plus: Manulife and Hamilton Lane complete fundraisings; and Adams Street finds confidence high in private markets. Here’s today’s brief for our valued subscribers only.
The manager says the additional capital provides it with £1.3bn in available capital.
Shibuya, Tokyo, Asia-Pacific
Deerpath joins a growing band of US debt firms entering Japan amid rising demand for alternatives among the country's vast institutional investor community.
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