Fundraising

Including dedicated investments totalling $750m, the fund met its $3bn target.

The final close of the firm’s latest venture debt fund is the first following its acquisition by BlackRock earlier this year.

The asset manager’s first vehicle dedicated to direct lending will target European mid-market companies.

Fund managers are celebrating their good fortune when it comes to new transactions, while also fearing what might lie ahead for their existing portfolios.

The evergreen fund will invest in a broad range of alternative credit strategies.

Fund is targeting €500m to invest in energy transition projects across eurozone countries.

The pros and cons of in-house versus outsourced capital raising was debated at PEI's Investor Relations forum.

The fund is the firm’s first debt vehicle dedicated to investing in companies that have the potential to drive efforts to achieve a low-carbon economy.

Private impact credit strategies in emerging markets are ‘resilient, uncorrelated to the broader market’, amid the fundraising squeeze, Blue Earth head of credit Amy Wang says.

Private debt appears better positioned compared with other asset classes, with robust fundraising and strong returns despite a challenging climate.