Home Performance

performance

Sierra Income to acquire MCC and MDLY

The combined vehicle’s pro forma assets would be close to $2bn, according to an investor presentation.

FS, KKR BDCs land $3.4bn revolver with syndicate of more than 20 lenders

The two financial firms plan will save in the aggregate of up to $10m due to lower interest rate spreads.

Oaktree raises $720m for senior debt, touts direct lending as growth area

The Los Angeles-based firm also held closes on its latest transportation and special situations funds.

There’s no such thing as a safe bet

Private debt return prospects look good, but LPs have concerns relating to risk and manager experience.

TCDRS crosses $1bn mark for private credit strategies

Strategic credit received more than $500m after delivering a one-year return of 11.3%.

Asset allocation model boosts projections for private debt returns

With interest rates and inflation on the rise, consultant Cliffwater raises return expectations across most asset classes.

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.

Copyright PEI Media

Not for publication, email or dissemination