The third vintage is more than halfway to its $5bn target fundraise, filings show.
Staff suggests there is potential for stress in private credit, amid higher default rates and potential for higher PIK.
Fund closed for growth debt investments in Asia-Pacific. Also, private credit unitranche spreads narrowing. Here's today's brief for our valued subscribers only.
London-based manager’s new open-ended global interval fund focuses on synthetic risk transfer and capital relief.
The New York-based manager was targeting $2bn for Fund VII, but has amassed more with a boost from the strategy’s anticipated leverage.
The vehicle’s $2.6bn final close came months before Brookfield agreed to buy the Los Angeles-based manager’s outstanding shares.
The manager will expand its fixed income exposure through the all-cash transaction valued at $473m.
US attorneys claim Tricolor execs Chu, Goodgame, Kollar and Seibold fabricated data to obtain loans.
Blackstone signs forward flow deal with real estate-secured lender. Also, bank lending to non-depository financial institutions 'raising risks'. Here's today's brief for our valued subscribers only.
Israeli firm leverages Blackstone’s origination capability, including corporate, real estate and asset-based credit strategies.