Tag Archives: liftouts

Aflac gets into private credit with 40% stake in Tree Line Capital

The WSJ reported that Aflac is paying about $100 million for a 40% stake in Tree Line Capital Partners, bought from Tree Line management and its PE backer, Stone Point Capital, alongside a multi-year commitment to help the firm with … Continue reading

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Brookfield acquires majority stake in asset-based private credit firm Castlelake – another david and goliath partnership.

These partnerships just seem to keep happening faster and faster: niche private credit managers teaming up with large global asset manager for a win-win partnership. Brookfield is investing $1.5 billion in capital, which includes capital into Castlelake’s investment strategies by … Continue reading

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BNY partners with CIFC on private credit

BNY Mellon and CIFC have been working together for a decade, but a month ago expanded the partnership into private credit, to provide access to CIFC’s US direct lending strategy and to enhance product offerings specifically for US private markets. … Continue reading

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T Rowe reports Q1 2024 earnings

AUM reached $1.54 trillion, up 14.9% year on year, but CEO Rob Sharps cited “tailwinds from stronger-than-anticipated markets” for net outflows of $8 billion for the quarter (half the outflows from Q1/23). Only 8.5% of assets come from investors outside … Continue reading

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Manulife IM completes acquisition of multi-sector alt credit manager CQS

Manulife Investment Management, the wealth and asset manager for Manulife Financial Corporation, today completed the acquisition of CQS with the approval by the UK FCA and is launching Manulife | CQS Investment Management as a wholly owned multi-sector alternative credit … Continue reading

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