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Antares Interview: Choosing the best credits

Antares Capital's Timothy Lyne says new entrants can find it difficult to act as a lead arranger.

Uncorrelated returns: The holy grail

Frank Barbarino, senior investment officer at the Office of New York City Comptroller, offers insight on his organisation’s private debt strategy in conversation with PDI.

Alcentra seeking $300m for third CLO-focused fund

The Bank of New York Mellon credit group’s debut fund focused on CLO mezzanine debt, while the second targeted CLO equity.

POBA to add to US lending strategy

The Korean pension fund has put out an RFP to hire private debt managers for US direct lending mandates.

GFC: “The fear was palpable”

In his own words, he was at the epicenter of the financial crisis. Waymond Harris, director of investments at Blue Cross Blue Shield of Michigan, reflects on what happened then – and why the next crisis will not be like the last one.

Alaska PFC: Ahead of the curve

Alaska Permanent Fund Corporation - a state-run investment vehicle that distributes dividends to all eligible residents - started investing in private credit before the financial crisis, and sees no reason to pull back now.

KKR BDC goes public with new fee, governance structure

The New York-based mid-market lender cut its management fee and instituted a lookback period to its incentive fee calculation formula.

Adams Street names Credit Suisse exec as COO

The private markets firm has appointed James Walker, who held the same role in wealth management units at Morgan Stanley and Citi.

FSIC continues cutting back on equity holdings

The FS Investments-managed BDC holds equity positions in nearly 50 companies.

TCG BDC wants predictable dividend

Over 80% of the firm’s investments in the third quarter backed LBOs and acquisitions.