Private credit

Goldman seeds €1.4bn credit fund with Pantheon, Temasek backing

The strip sale is the latest example of an asset manager using the secondaries market to build third-party AUM.

Takeaways from Ely Place’s private debt survey

A survey from the credit secondaries advisory firm suggests the strategy has continued its ascent with more deals, stiffer competition and a wider group of participants.

What is driving LPs to the credit secondaries market?

LPs want liquidity and GPs want to be in a position to offer it to them, while both want secondaries volume.

Orange County pension mulls private markets secondaries sale

The system has not yet finalised a contract with a secondaries adviser.

LP appetite for credit secondaries funds soars – PDI survey

A record one-in-five investors are planning to invest in the strategy, according to affiliate title Private Debt Investor’s latest LP Perspectives Study.

Jeremy Coller: LPs will use secondaries to ‘reposition’ credit portfolios

Private credit is one of the most dynamic parts of the private markets industry and its secondaries market is poised for strong growth, according to Coller Capital’s founder and CIO.

Ares eyes first closes on credit and infra funds amid busiest fundraising year

The firm is also seeing ‘exciting opportunities’ in the opportunistic side of the business including real estate secondaries and structured equity, according to chief executive Michael Arougheti.

As evergreens continue to plough into secondaries, Pantheon launches dedicated credit offering

Unrealised assets in private credit funds sit at around $1.5trn, partner and global head of private credit Rick Jain told Secondaries Investor this year.

Tikehau targets as much as $1bn for second credit secondaries vehicle

The strategy is ‘poised to scale and become a flagship fund’, executives said on the firm’s second-quarter earnings call.

Banner Ridge reaches $2bn hard-cap on latest flagship raise

The firm, founded by Siguler Guff‘s former secondaries head, is yet to hold the final close for Banner Ridge Secondary Fund V, Secondaries Investor understands.