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New credit head as PPF continues in-house push

Purna Bhudia has joined the UK’s Pension Protection Fund as part of its move to insource more of its investment management activities.

Prestige secures international funds despite Brexit

The small business specialist says global demand for UK private debt remains strong.

PDI 2017 awards: Up and running!

Last year you voted in your thousands. This year, we are hoping the eventual tally will be even larger as we launch our biggest-ever PDI awards. See here to get going in our survey – it won’t take long to complete. Twelve months ago, we raised the number of categories by four from 39 to […]

A year is a long time in private debt

Comparing audience views at the PDI Capital Structure Forum since last year reveals some interesting trends.

HOOPP pledges to invest $300m in new CIFC CLOs

The two parties formed a partnership to give HOOPP better access to the CLO market.

CDPQ makes progress on shift toward directs

In its latest earnings call, CEO Michael Sabia highlighted the pension fund’s new partnership with GE Capital Aviation Services.

Dyal investment lets Atalaya boost GP commitments

The deal adds yet another portfolio company to Dyal’s growing list of investments in alternative asset managers.

Owl Rock, UC Regents form $200m mid-market JV

UC Regents and Goldman Sachs BDC started a similar joint venture in 2014.

CPPIB teams with KKR and Stone Point on debt

CPPIB will commit $50m to MerchCap Solutions, a joint venture with KKR and Stone Point Capital, and has additionally earmarked up to $2bn for investments in mid-market debt transactions.

Mid-market debt shortage yields opportunity

A dearth of available credit for lower mid-market businesses has attracted new debt vehicles, but fundraising remains difficult even for managers with strong track records.