The private debt secondary market is primed for significant growth during 2024 in terms of both volume and quality of deals as motivated sellers take advantage of the growing pool of buy-side capital, according to a survey by Ely Place Partners.
Hong Kong-based alternative credit manager Tor Investment Management has raised $310m for its third Asia opportunistic private credit fund, according to a report by Bloomberg citing Co-Founder and Portfolio Manager Christopher Mikosh.
Blackstone, the world’s largest alternative asset manager and a leading credit investor with nearly $420bn in assets across corporate and real estate credit, has appointed Dan Leiter as Head of International for Blackstone Credit & Insurance.
New Mountain Capital, which manages over $35bn across private equity, credit and net lease real estate, has closed its latest direct lending fund, New Mountain Guardian III BDC, with around $1.15bn of capital commitments from a diverse group of investors.
Deerpath Capital Management has closed a $452.61m collateralised loan obligation – its tenth issuance in the past six years and the firm’s first new CLO this year, according to a report from ABL Advisor.
Credit-focused asset manager Aeon Investments has added Bosworth Monck, most recently Global Head of Investor Relations at IFC Asset Management, to its advisory board, according to a report by Money Marketing.
San Francisco-based real estate credit manager ACORE Capital has closed a new commingled credit fund with approximately $1.4bn in capital commitments from investors, according to a report by PERE.
Goldman Sachs Group is looking to tap the private credit markets to raise around $250m in capital to improve liquidity at plant-based meat substitute producer Beyond Meat, according to a report by Bloomberg.
Ahead of the Private Equity Wire Private Credit European Summit, Amit Bahri, Co-Head, Direct Lending Europe at Goldman Sachs Asset Management, talks to us about the early days of private credit, the tenets of GSAM’s senior direct lending strategy and playing devil’s advocate.
Ahead of the Private Equity Wire Private Credit European Summit, Sriram Reddy, Managing Director, Head of Client Portfolio Management, Discretionary at Man Group, talks to us about the credit landscape, the asset classes on his radar and marrying public and private exposures.
12 September, 2024 – 6:00 pm
05 June, 2024 – 8:30 am
24 October, 2024 – 8:30 am
14 November, 2024 – 8:00 am
