Are private asset classes better positioned to weather the crisis? Our senior editorial teams covering PE, private debt, infrastructure, real estate and secondaries provide insight.
For the seventh year, we recognise the managers, institutional investors and advisory firms considered by their peers to have been the standard bearers of the private debt asset class.
The period was dominated by distressed funds, with Lone Star demonstrating its pulling power with two of the biggest vehicles.
The California pension plan has made mezzanine and distressed debt commitments in the past but not direct lending.
LPs plan to maintain their allocations to the asset class and rank a strong GP track record as the most important factor in due diligence.
The business development company will charge a 1.5% management fee and a 17.5% incentive fee over a 6% hurdle rate post-offering.
After a record breaking year in 2017, private debt fundraising activity has fallen back. Our interactive fundraising report has all the details on fundraising in the first half of 2018.
The firm is seeking more than double its $370m debut fund, which won a $100m allocation from a Minnesota retirement plan.
The European asset manager’s real assets, structured finance and hedge fund businesses will combine to form the new entity.
There is light at the end of the tunnel for the private debt market as long as it learns from past crises, argues Gabriella Kindert of Mizuho Europe.