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CVC closes distressed fund above target at $1.42bn

Firm believes growing volatility in credit markets is likely to create more opportunities to acquire undervalued debt.

ACORE closes first commingled fund on $556m

The California-based firm secured commitments from a variety of global investors.
making money

Twin Brook pulls in record haul of $2.75bn for latest direct lending fund –...

The vehicle, which surpassed the fundraise of its predecessor fund, will continue the firm’s strategy of investing in US-based lower mid-market businesses.
clean energy

GSO raises $4.5bn for its latest energy fund

The vehicle will invest in North American energy companies, both performing and distressed.
gender equality

Gender equality lending takes focus at multiple firms

Organisations like Calvert Impact Capital and CNote invest through a gender lens into underserved communities.

TPG, Glendale Energy ink $500m JV for buying upstream assets

The partnership will allow TPG Sixth Street Partners to expand its energy strategy beyond providing loans to oil and gas companies.
conference

PDI CFOs 2019: Why expanding into an adjacent asset class is like ‘starting from...

Broadening product offerings was a topic of discussion at our forum among managers looking to grow in an increasingly competitive market.

PDI CFOs 2019: 4 takeaways for GPs about LPs

Our second annual PDI CFOs & COOs Forum highlighted high-net-worth individuals getting into the game, side letters and transparency, and more.

PDI Germany: Politics, not economics, is the biggest risk for funds

Although portfolios are strong, political uncertainty and originating good deals pose risks for private debt providers.

Neuberger closes Bain credit fund restructurings

A few dozen positions held in the 2005- and 2007-vintage Sankaty Credit Opportunities Funds II and III were moved into a separate vehicle in a deal that closed in early June.
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