Fundraising

Eagle Point’s latest closed fund invests in the debt securities issued by BDCs, credit funds and mortgage REITs.

NAVs are also rising and redemption requests remain manageable, but challenging times may lie ahead.

The head of Asia product management and investor relations at the $623bn private market GP is moving on, Private Debt Investor has learned.

There appears to be a disconnect between critical commentary in the mainstream press and private debt’s enduring appeal to investors. PDI gauges LP opinion.

The Nuveen affiliate has collected €1.5bn for the second version of the strategy, which targets complex credits.

Sabrina Meng will start in a new role at the British GP next month, Private Debt Investor has learned.

Patria’s first Latin American vintage raised $314m, which the company says delivered a nearly 16% IRR.

Investors are not without concerns but are happy to keep increasing their private debt allocations.

Privacore VPC Asset-Backed Credit Fund will be seeded with $250m in capital from CNO Financial and Corbin Capital.

The real estate credit fund beat its $700m target and is more than 30% invested.