Private Equity Insights

NOVEMBER 2, 2023

Brookfield Asset Management closed its Brookfield Infrastructure Debt Fund III at over $6bn, which the firm said is the world’s largest private infrastructure debt fund. The predecessor fund, Brookfield Infrastructure Debt Fund II, closed in December 2020 at $2.7bn. 2 news release.

Debt 130

Debt Funds Asset Management Assets 130

Private Equity Insights

MARCH 15, 2024

Capital is seeking $655 million of debt financing to help fund its potential purchase of mechanical and industrial cleaning company USA DeBusk, according to people with knowledge of the matter. and Brookfield Asset Management Ltd. — Seeks $655 m of Private Debt for USA DeBusk Deal H.I.G. Goldman Sachs Group Inc.’s

Debt 130

Debt Bidding Asset Management Financing 130

Private Equity Insights

DECEMBER 15, 2023

Blackstone Real Estate Debt Strategies and Blackstone Real Estate Income Trust partnered with Miami, Florida-based Rialto Capital and the Canada Pension Plan Investment Board to make the successful $1.2bn bid for the 20% interest in a joint venture set up by the FDIC to hold the failed bank’s $16.8bn in commercial real estate debt.

Stakes 225

Stakes Debt Bidding Law Firms 225

Private Equity Insights

FEBRUARY 2, 2024

The New York State Teachers Retirement System (NYSTRS) committed $400m (£315.55m) to private debt funds between October and December last year. By the end of 2023, seven per cent of NYSTRS’ $140bn investment portfolio was allocated towards private debt, representing $9.8bn in total.

Debt 130

Debt Pension Funds Bidding Assets 130

Private Equity Wire

APRIL 19, 2024

Ahead of the Private Equity Wire Private Credit European Summit, Amit Bahri, Co-Head, Direct Lending Europe at Goldman Sachs Asset Management, talks to us about the early days of private credit, the tenets of GSAM’s senior direct lending strategy and playing devil’s advocate.

Asset Management 81

Asset Management Assets Debt Banks 81

AltAssets

FEBRUARY 13, 2024

Asset management major PPM America has brought in former PGIM principal Jamison Gagnier as a senior managing director focused on US institutional relationships. The post Asset management major PPM brings in ex-PGIM exec to boost US institutional relationships first appeared on AltAssets Private Equity News.

Asset Management 84

Asset Management Assets Debt Buyout 84

Private Capital Investment in Latin America

AUGUST 9, 2023

CIFI Asset Management reached a USD138m first close for CIFI Sustainable Infrastructure Debt Fund towards a USD300m target. The fund will target companies developing sustainable infrastructure in Latin America and…

Asset Management 40

Asset Management Debt Assets Funds 40

Private Equity Wire

MARCH 13, 2024

HarbourView Equity Partners, an alternative asset management firm focused on investments in the sports, media and entertainment space, has secured approximately $500m in a debt financing led by global investment firm KKR.

Debt 89

Debt Financing Finance Asset Management 89

Private Equity Wire

SEPTEMBER 19, 2023

Dillon Eustace has appointed Etain de Valera as Head of its Asset Management & Investment Funds practice, succeeding Donnacha O’Connor, who continues working for the firm as Managing Partner and as a senior partner in the Asset Management & Investment Funds team.

Asset Management 65

Asset Management Assets Hedge Funds Funds 65

AltAssets

DECEMBER 13, 2023

AustralianSuper, the country’s biggest pension fund, has upped its exposure to private debt for US mid-market companies by $1.5bn through an expanded partnership with Nuveen investment arm Churchill Asset Management.

Debt 77

Debt Pension Funds Asset Management Assets 77

Private Equity Wire

MARCH 14, 2024

Goldman Sachs Asset Management and Sixth Street Partners are leading a $655m debt financing package deal for global alternative investment firm HIG Capital to fund a potential purchase of mechanical and industrial cleaning company USA DeBusk, according to a report by Bloomberg.

Debt 76

Debt Financing Finance Capital 76

Private Equity Wire

MARCH 27, 2024

Of those 61 equitised deals, only five have been fully realised, leaving debt funds with 56 equity positions on their books at a time when exits are at a three-year low.

Debt 84

Debt Companies Funds Asset Management 84

Private Equity Wire

MARCH 8, 2024

Allianz Global Investors led the financing on behalf of insurer and asset manager giant Allianz Group, committing €75m and $50m to EAIF. Standard Bank, Africa’s largest lender by assets, provided a $75m multi-currency revolving credit facility and a $25m debt facility, both linked to sustainability.

Debt 79

Debt Funds Asset Management Banks 79

Private Equity Wire

MAY 1, 2024

Infrastructure and private debt will remain the most attractive private market asset classes over the next one to two years, with 71% of institutional investors expecting to increase allocation to each, according to the latest private markets survey by global financial services provider State Street.

Debt 78

Debt Assets Financial Services Asset Management 78

Private Equity Wire

APRIL 24, 2024

Credit-focused asset manager Aeon Investments has added Bosworth Monck, most recently Global Head of Investor Relations at IFC Asset Management, to its advisory board, according to a report by Money Marketing. At IFC, Monck was also part of the firm’s senior management team.

Debt 84

Debt Asset Management Investing Assets 84

AltAssets

SEPTEMBER 13, 2023

Brookfield Asset Management has teamed up with French financial services business Societe Generale to launch a €10bn-targeting private debt fundraise. The post Brookfield and Societe Generale have teamed up to launch a €10bn debt fundraise first appeared on AltAssets Private Equity News.

Debt 89

Debt Asset Management Assets Financial Services 89

Private Equity Wire

JANUARY 9, 2024

Infranity, a specialised European infrastructure manager, and part of the Generali Investments’ ecosystem of asset management firms, has launched the fourth generation of its Senior Infrastructure Debt strategy with €425m in capital commitments.

Debt 85

Debt Asset Management Assets Capital 85

Private Equity Wire

DECEMBER 20, 2023

Chemicals producer BASF SE has turned to the private debt market for a $1.5bn loan, while engineering firm Robert Bosch has secured $1.2bn of privately-placed debt, according to a report by Bloomberg.

Debt 74

Debt Asset Management Banks Assets 74

Private Equity Wire

OCTOBER 25, 2023

Revolution Asset Management (Revolution), a Sydney based private debt investor, has hired Prateek Joshi, a Sydney-based Vice President in Bank of America’s (BofA) asset backed securities division, according to a report by the Financial Review.

Debt 72

Debt Asset Management Assets Banks 72

AltAssets

MARCH 21, 2024

Zurich Insurance Group has launched its first European Long-Term Investment Fund aimed at giving individuals access to private debt deals. The post Zurich Insurance taps Pemberton to manage private debt-focused investment fund first appeared on AltAssets Private Equity News.

Debt 79

Debt Funds Investing Asset Management 79

Private Equity Wire

JANUARY 12, 2024

JP Morgan Asset Management is expecting investors to exit their investments in private credit funds at a record pace this year as they look for liquidity, boosting the nascent secondary market in the process, according to a report by Bloomberg.

Debt 90

Debt Deal Flow Asset Management Stakes 90

AltAssets

NOVEMBER 3, 2023

Brookfield Asset Management has raised the biggest-ever private infrastructure debt fund by collecting more than $6bn for the vehicle. The post The world’s biggest private infrastructure debt fund has just closed on over $6bn first appeared on AltAssets Private Equity News.

Debt 68

Debt Funds Asset Management Assets 68

FinSMEs

AUGUST 2, 2023

Jerry, a Palo Alto, CA-based provider of an app providing car services, raised an additional $110m in Series C2 equity and debt financing in Q2 2022.

Debt 52

Debt Asset Management Funds Assets 52

Financial Times: Moral Money

MAY 23, 2023

Britain’s biggest asset manager buys $250mn of bonds in a sign of growing investor interest in debt-for-nature swaps

Debt 96

Debt Asset Management Funds Assets 96

The Big Picture

SEPTEMBER 19, 2023

The transcript from this week’s, MiB: Elizabeth Burton, Goldman Sachs Asset Management , is below. Elizabeth Burton is Goldman Sachs asset management’s client investment strategist. So does that go in real estate or does that go in debt? She can go anywhere, do anything. Elizabeth Burton : Hi Barry.

Asset Management 57

Asset Management Assets Pension Funds Hedge Funds 57

Private Equity Wire

SEPTEMBER 1, 2023

Barclays allocates cash for private debt initiative Submitted 01/09/2023 - 11:38am Barclays is planning a push into the $1.5tn private debt market and has allocated cash from its balance sheet to hold corporate loans and allow it to compete directly with private credit funds, according to a report by Bloomberg.

Debt 52

Debt Asset Management Financing Finance 52

KKR

MAY 2, 2024

BUSINESS WIRE)--HarbourView Equity Partners (HarbourView), an industry-leading alternative asset management company focused on investment opportunities in the sports, media and entertainment space, has secured approximately $500 million in debt financing through a private securitization backed by its diversified catalog of music royalties.

Debt 40

Debt Financing Finance Asset Management 40

KKR

MAY 2, 2024

BUSINESS WIRE)--HarbourView Equity Partners (HarbourView), an industry-leading alternative asset management company focused on investment opportunities in the sports, media and entertainment space, has secured approximately $500 million in debt financing through a private securitization backed by its diversified catalog of music royalties.

Debt 40

Debt Financing Finance Asset Management 40

KKR

MAY 1, 2024

BUSINESS WIRE)--HarbourView Equity Partners (HarbourView), an industry-leading alternative asset management company focused on investment opportunities in the sports, media and entertainment space, has secured approximately $500 million in debt financing through a private securitization backed by its diversified catalog of music royalties.

Debt 40

Debt Financing Finance Asset Management 40

KKR

MAY 1, 2024

BUSINESS WIRE)--HarbourView Equity Partners (HarbourView), an industry-leading alternative asset management company focused on investment opportunities in the sports, media and entertainment space, has secured approximately $500 million in debt financing through a private securitization backed by its diversified catalog of music royalties.

Debt 40

Debt Financing Finance Asset Management 40

KKR

MAY 1, 2024

BUSINESS WIRE)--HarbourView Equity Partners (HarbourView), an industry-leading alternative asset management company focused on investment opportunities in the sports, media and entertainment space, has secured approximately $500 million in debt financing through a private securitization backed by its diversified catalog of music royalties.

Debt 40

Debt Financing Finance Asset Management 40

KKR

MAY 1, 2024

BUSINESS WIRE)--HarbourView Equity Partners (HarbourView), an industry-leading alternative asset management company focused on investment opportunities in the sports, media and entertainment space, has secured approximately $500 million in debt financing through a private securitization backed by its diversified catalog of music royalties.

Debt 40

Debt Financing Finance Asset Management 40

KKR

MAY 1, 2024

BUSINESS WIRE)--HarbourView Equity Partners (HarbourView), an industry-leading alternative asset management company focused on investment opportunities in the sports, media and entertainment space, has secured approximately $500 million in debt financing through a private securitization backed by its diversified catalog of music royalties.

Debt 40

Debt Financing Finance Asset Management 40

KKR

MAY 1, 2024

BUSINESS WIRE)--HarbourView Equity Partners (HarbourView), an industry-leading alternative asset management company focused on investment opportunities in the sports, media and entertainment space, has secured approximately $500 million in debt financing through a private securitization backed by its diversified catalog of music royalties.

Debt 40

Debt Financing Finance Asset Management 40

KKR

MAY 1, 2024

BUSINESS WIRE)--HarbourView Equity Partners (HarbourView), an industry-leading alternative asset management company focused on investment opportunities in the sports, media and entertainment space, has secured approximately $500 million in debt financing through a private securitization backed by its diversified catalog of music royalties.

Debt 40

Debt Financing Finance Asset Management 40

KKR

APRIL 30, 2024

BUSINESS WIRE)--HarbourView Equity Partners (HarbourView), an industry-leading alternative asset management company focused on investment opportunities in the sports, media and entertainment space, has secured approximately $500 million in debt financing through a private securitization backed by its diversified catalog of music royalties.

Debt 40

Debt Financing Finance Asset Management 40

KKR

APRIL 30, 2024

BUSINESS WIRE)--HarbourView Equity Partners (HarbourView), an industry-leading alternative asset management company focused on investment opportunities in the sports, media and entertainment space, has secured approximately $500 million in debt financing through a private securitization backed by its diversified catalog of music royalties.

Debt 40

Debt Financing Finance Asset Management 40