The firm accuses them of contractual breaches and using confidential information to draw clients to their new venture at Corinthia Global Management.
The 'oracle of credit investing' rates the Fed, the banking system and private credit, and discusses interest rates and the upside of excesses.
Gray tells PEI Group’s NEXUS conference that corporate and real estate debt are the fastest growing assets of the firm.
The industry veteran doesn’t believe private credit will bring down the system, but some managers will struggle in a higher-rate environment, he told attendees at PEI Group’s NEXUS 2024 summit.
The manager’s deputy CIO for global credit, Justin Plouffe, will add direct lending to his responsibilities, as global credit becomes biggest segment.
Graves, who is based in Los Angeles, joined Ares in 2017.
Jonathan Pollack, who will officially come on board at Starwood in 2025, will join the firm at a time when alternative lenders are expected to be able to significantly increase their market share.
In the latest episode of the Private Debt Investor Podcast, Decalia’s Reji Vettasseri examines some of the key findings from our annual study of investor attitudes toward the asset class.
Amid chatter about the potential systemic risk that private debt may pose, the Alternative Credit Council’s Jiri Krol admits the asset class has a data problem but sees little for the policymakers to fear.
The firm has been hiring big names in NAV since early last year.