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GSBD leverage vote met with upbeat Fitch rating, S&P rating withdrawal

The twin decisions showcased the different views of recent BDC statute changes the two ratings firms have adopted.

Wisconsin puts distressed debt back on the menu

The pension previously committed $351m in 2015-16, half of its debt commitments in those years.

Oaktree’s board battle with Ranger nears a conclusion

The direct lending fund manager is buried by $700,000 in legal fees and looming scepticism over its ability to wind down .

AXA Investment Management closes Allegro VII CLO at $400m

The firm’s latest US CLO was oversubscribed in all tranches.

Apollo debuts debt-equity vehicle focused on Europe, North America

The fund would invest in senior and subordinated debt along with structured equity and non-control positions in financially troubled companies.

Los Angeles pension boosts allocation target for real estate debt, private debt

The retirement plan also increased its exposure to private equity and private infrastructure by 1% each, while targets for real estate equity and natural resources investments stayed the same.

Hamilton Lane raises $900m to focus on performing credit

The vehicle will also invest in some stressed and distressed scenarios.

Alaska reports $150m in private credit commitments left for fiscal year

APFC may fall short of its 17% allocation goal for real assets and private income funds – which includes private credit – in FY 2018.

Head of GSO Advantage takes new role within Blackstone – exclusive

Blackstone’s GSO looked outside the firm to fill the empty job.

APFC goes direct in credit with $1bn programme, $500m in co-investments

The sovereign wealth fund already invests directly in private equity and real estate.

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