Private Debt News

Private markets investment firm Hamilton Lane has closed its sixth secondaries fund with $5.6bn in commitments from corporate and public pension funds, Taft-Hartley plans, sovereign wealth funds, endowments, foundations and private wealth platforms.

Bobby Jain, founder and CEO of New York-based hedge fund firm Jain Global, said that hedge funds face growing competition from private credit firms for investor capital, on a panel at the UBS Singapore Family Wealth Forum on Thursday, according to reports.

Global financial advisory and asset management firm Lazard is exploring opportunities to acquire a private credit firm to enhance its $250bn asset management division, according to a report by Bloomberg.

Adani Group’s North Queensland Export Terminal, which controls a significant Australian coal port, has secured a private credit loan of approximately AUD500m ($333m), according to a report by Bloomberg.

Challenges in the beleaguered commercial real estate market could present an opportunity for private credit funds. Borrowers have been struggling in a higher interest rate environment, while particular parts of the market such as office space have suffered due to changing working habits post-pandemic. Traditional banks have reined in their lending, which has created “a […]

“We would especially like to thank our lending partners, whose loan origination and underwriting provide the Fund access to the highest-quality corporate borrowers, and our RIA investors, who early-on understood the benefits from our innovative approach and were willing to place their trust in us,” said Stephen L. Nesbitt, Cliffwater CEO.

KKR & Co has secured a private credit loan of approximately AUD500m ($331m) from Blackstone and Goldman Sachs Asset Management to help finance its purchase of Perpetual’s corporate trust unit, according to a report by Bloomberg.

Private credit is set for the largest target allocation growth among alternative assets over the next 12 months, with senior direct lending seen as the most attractive opportunity in the sector. Secondaries investor Coller Capital surveyed 110 limited partners (LPs) worldwide that invest in private capital and collectively oversee $2.1tn (£1.7tn) in assets under management.

Höhere Zinsen und andere Belastungen führen dazu, dass US-Banken die Kreditvergabe an KMUs zurückfahren. Michael Smith, Co-Head Private Debt USA bei Muzinich & Co., erläutert, wie private Akteure dazu beitragen können, diese Lücke zu schließen und auf was institutionelle Investoren achten sollten.

Der Private Credit-Markt hat in der Vergangenheit langfristig attraktive Renditen ermöglicht und bietet unserer Einschätzung nach noch auf Jahre hinaus bedeutendes Wachstumspotenzial.

Direct lending has become increasingly popular as investors recognize the value of the asset class. The yield premium and floating rate structure of direct lending loans have contributed to the asset class delivering appealing returns through time, and notably strong performance in a higher interest rate environment. Investors appreciate many qualities of private middle market […]