Credit, insurance and real estate debt accounted for more than 60% of the manager’s first quarter haul.
A growing number of commercial real estate managers have launched or expanded their lending platforms over the past three to six months.
More than half of institutional investors are underallocated to private credit.
Satish Mansukhani of Rithm Capital Corp sheds light on the lessons that private credit can learn from the evolution of the mortgage servicing right.
Uncertainty about the use of proceeds poses an issue for NAV lenders looking to manage ESG risks.
Sponsor support for troubled companies can no longer be taken for granted, says Fitch; tokenisation arrives in the infrastructure private funds market; and a rebranded Tiptree is formed.
Speaking at the PERE Network Europe Forum, the CEO and CIO of the asset management giant said Europe’s debt funding crisis is about to intensify.
Jesse Hom will join the firm in June as it looks to expand its real estate presence amid bank lending pullback.
The move would bring the Luxembourg-headquartered firm in line with peers Blackstone, KKR, Carlyle and EQT.
Investors' appetite for alternative energy dips a little amid political concerns; Golub finds resilience in the US mid-market; and Blue Owl launches a real estate financing platform.