Fund Management

Managers have mixed opinions on which areas of private funds management will most benefit from artificial intelligence technology, according to Private Debt Investor’s latest Private Fund Leaders Survey.

Private debt appears better positioned compared to other asset classes, with robust fundraising and strong returns despite a challenging climate.

Assisted by volatile market conditions, private debt firms have carved out a place for themselves in the mega-financing arena once solidly occupied by the banks.

The bank and asset manager will focus on direct lending to non-sponsor companies through a business development company.

The firm has appointed co-CEOs to manage a transition process as its CEO James Greenwood announces his retirement.

Getting a fairness or valuation opinion on a private equity GP-led secondaries transaction is a straightforward, albeit costly task. In credit secondaries, however, the rule change creates a cumbersome burden.

European transactions have dropped to the lowest number since the covid-19 pandemic broke out, due to a sharp decline in LBO volumes and other difficult market conditions.

A growing number of fund managers are offering customised investment options for clients and are seeking ways to access retail clients.

Private credit has received plenty of acclaim as a well-positioned asset class for the times, but investors are not entirely void of concerns.