Private credit Financial News

13.02 / 10:58

Unit trusts/OEICs Alternatives private markets private credit private wealth Carlyle Carlyle pushes into wealth market with semi-liquid European private credit fund

The strategy will invest directly in deals originated by the firm’s $188bn global credit platform, which offers borrowers bespoke solutions across the entire capital structure.

15.01 / 16:29

Abrdn People moves Gravis private credit Gravis taps abrdn for private credit chief

Poulin joined from abrdn, where she was head of European private placements.

12.12 / 15:19

Alternatives private equity infrastructure private credit Private markets platform Moonfare finds individual investors repositioning for 'short-term shocks'

Amid ongoing economic uncertainty, Moonfare’s investor base has also made a shift towards prioritising diversification.

06.12 / 15:55

economics Bank of England Interest rates hedge funds Alternatives private credit vulnerability Bank of England warns of private credit vulnerability in higher rates environment

The Bank of England said private credit and leveraged lending markets have roughly doubled in size in the last decade.

15.11 / 11:41

companies private credit Boutique stake First Sentier Investors takes majority stake in European alternative credit boutique

Following the transaction, AlbaCore will continue to operate with investment autonomy and will not see a change to its operations, teams, office locations or brand.

06.11 / 16:03

M&G Alternatives private markets prudential private credit M&G launches €500m private credit ELTIF

Although the strategy will initially only be available for professional investors, the asset manager said it has plans to widen access in early 2024.

05.11 / 02:05

FIVE CEO BlackRock performer track blues private credit Private credit fund paying $713k average is hiring hundreds

For anyone who missed the memo, private credit is the place to be in 2023. Banks are rushing intoprivate credit (take Deutsche Bank, which just launched a new business in the area), funds historically focused on private equity are rushing into private credit (take Apollo, which said today that more than 80% of its assets are now in its credit and hybrid units) and private credit investors themselves are doubling down on private credit.

01.11 / 12:25

Provident CEO Platform show reports private credit Private credit allocations rising as investors seek diversification

The private credit market is gaining traction as investors across the spectrum seek better returns and greater diversification.

19.10 / 11:55

Target FIVE Strategy show performer reports private credit Global alternatives market set to reach $24.5T, private credit AUM to double

Growing demand for alternative assets will add more than $8 trillion to assets under management in the next five years, to a total $24.5 trillion, according to a new report.

12.10 / 11:24

UPS Provident Target performer information reports private credit Hillhouse pitches $1B Asia private credit fund to investors

Hillhouse, the investment firm started with backing from Yale University’s endowment, is preparing to pitch a new Asia-focused private credit fund to international investors as the asset class continues to grow in the region.

12.10 / 09:37

Target Manufacturing Platform WhatsApp Arrow performer private credit Singapore's RV Capital marks first close of India private credit fund

₹400 crore and a green-shoe option for a similar amount. “Performing credit" means lending to companies that are running their business on an ongoing basis, have a long track-record and are profitable at the Ebitda level. For the first close milestone, the asset manager has raised about ₹100 crore in commitments from a mix of domestic and offshore investors including high- and ultra-high-net-worth individuals, and family offices.

11.10 / 12:01

Blockchain UPS Platform Gap Pool 2020 private credit Untangled Finance raises $13.5m to bring institutional grade private credit on-chain

Fasanara Capital led the round for Untangled, which was set up in 2020 by a team with a background in finance, asset origination, and emerging markets bridge the gap between Defi and traditional finance.The platform’s protocol focuses on tokenising real-world private credit assets, such as invoices and SME loans, into on-chain structured credit pools. These pools, in turn, facilitate the issuance of collateralised debt notes to both DeFi and TradFi investors.Tokenisation, says Untangled, takes advantage of blockchain technology to bring traditional assets on-chain.

10.10 / 16:11

COST Provident SUN private credit Scotiabank, Sun Life partner to help wealthy Canadians invest in private credit

By Nivedita Balu

03.10 / 01:05

COST Provident Align IBC President private credit Edelweiss sees a boom in private credit market, raises Rs 8,000 crore for third fund

Edelweiss Alternatives has raised its third special situation fund of ₹8,000 crore from a mix of prominent global institutional investors and large Indian family offices as it sees attractive opportunities offered by robust sales of secondary loans. While many underlying assets are operating well, they require tailored solutions to reach sustainable debt levels. So, Edelweiss believes that the private credit market will boom in the coming decade, growing from its present size of $14 billion to $100 billion. Over the past year, Edelweiss Alternatives has already deployed nearly ₹3,500 crore, which is over 40% of the total raised, across eight transactions in various sectors, including roads, steel, paper, hotel leased offices, and real estate.

02.10 / 20:39

Target blues private credit T. Rowe, Oak Hill partner on private credit fund for mass affluent market

T. Rowe Price Group Inc. and Oak Hill Advisors are launching a new private credit fund open to individual investors in the U.S. to take advantage of the rapidly growing $1.5 trillion market.

02.10 / 11:33

Target private credit pension Goldman Sachs partners with Canadian DB pension plan for private credit opportunity

Goldman Sachs Asset Management and Canadian DB pension plan OMERS will jointly invest in private credit opportunities in Asia Pacific having established a new partnership.

27.09 / 19:51

UPS CEO Strategy performer reports private credit CEO of private credit giant Ares says his firm is benefitting from rising rates

With the S&P 500 on pace for its worst monthly performance since December of last year, investors are increasingly turning to alternative assets outside of equities and bonds to generate returns.

19.09 / 00:55

UPS Platform Strategy Patrick performer blues private credit Investors Keep Putting Money Into Private Credit

Big banks are worried that more lending might migrate away from them in the coming years. Investors big and small are taking notice. The boom in alternative assets has been a big winner for managers of those funds in recent years, as things such as bespoke corporate lending take share from what has traditionally been the business of banks.

18.09 / 12:15

Provident Strategy private credit Three trends emerging in customization of $1.5T private credit funds market

The private credit market is seeing strong interest from both fund managers and investors and the once-niche market is now worth around $1.5 trillion.

18.09 / 11:05

UPS Platform Strategy Patrick performer blues private credit Investors Keep Putting Money Into Private Credit

14.09 / 17:49

UPS Gap Strategy Pool Enterprise stage Net Worth private credit What high net worth investors can expect from private credit funds

₹6.96 trillion, up by around 24% on a year-on-year basis. Debt AIFs function like a fund, where an investor entrusts its savings to a portfolio manager, and the portfolio manager pools savings from various investors and uses that pooled corpus in lending investments on behalf of investors. So, investors in private credit funds get exposure to multiple fixed income investments for the same amount of investment and active portfolio management of those investments.

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