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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 .

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.

Arizona PSPRS ropes off $1bn for private credit over 2018-19

The pension has a 16% target allocation to private credit through 2027, representing an aggregate of $7.2bn.

TowerBrook’s latest structured opportunities fund to target US, western Europe

The buyout shop, which has offices in New York and London, landed a $75m commitment from a Massachusetts pension fund.

ICG grows AUM 20% with senior debt success

The credit specialist will increase dividends after a strong fundraising year.

Floating to the top

Floating rates mean debt funds outperform in times of rising interest rates.

Portfolio markdowns, run-offs push down FSIC’s Q1 EPS

The write-downs mainly came from three equity positions and one debt investment.

Credit posts better returns than buyout funds amid rising rates: Hamilton Lane

The Bala Cynwyd, Pennsylvania-based firm’s numbers show debt investments also outperformed venture capital and real assets.

Golub BDC hits highest NAV per share, urges ‘do no harm’ on new leverage...

The mid-market lender said it could gain access to additional capital through an equity offering or upping its current leverage profile, but has opted not to in the interest of caution.

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