Are there systemic and valuation risks in the private credit market? VRC's John Czapla investigates.
The BDC market is facing economic and interest rate headwinds; private credit's default rate goes up, but remains modest; and Cheyne moves back into SRT market with key hire.
LACERA commits $250m in total to Orion Mine Finance Fund IV and its Co-Investment Fund.
Fundraising activity sunk to its lowest since 2016.
The Shared National Credit Program has clocked a 38% increase in 'non-pass' loans to $572bn; Marblegate sees opportunity.
Raising capital from wealthy individuals requires 'a lot of support, a lot of handholding, a lot of guidance, a lot of education', senior managing director Alex Catterick tells PDI.
Notes of calm at our PERE Europe event; views diverge on private credit returns; and DWS moves into capital solutions.
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.