A new survey suggests private debt secondaries have continued their ascent with more deals, stiffer competition and a wider group of participants
LA-based manager has a record amount of available capital, but sees dip in fundraising from Q4 2023.
LPs want liquidity and GPs want to be in a position to offer it to them, while both want secondaries volume
CFO John Redett says CLOs business 'has great margins' and CTAC has 'strong inflow'.
Lenders, including debt funds, issued significantly less financing, the business school’s data shows.
Findings from a recent NBER paper warrant a degree of scepticism, according to Jiří Król, global head of the Alternative Credit Council
S&P Global Ratings and Fitch Ratings agree issuers are showing the strain under high interest rates, and creditor funds will be tested.
A Moody’s report and a Lombard Odier white paper offer different visions of risk and opportunity for lenders in the sustainability space.
Cliffwater highlights outperformance of private markets versus public; Arizona hands significant risk transfer mandate to AXA IM Alts; and Blackstone makes double hire.
Commercial banks and credit funds should be making contingency plans for their workout departments in the event of another downturn, writes SG Credit Partners' Charlie Perer.