Tag Archives: private credit

Sixth Street partners with Northwestern for $13B in ABS

Posted on January 8, 2025 by danielenskat

Another day, another partnership between private credit leaders and insurance companies looking to get into the space. The WSJ this morning reported that Sixth Street is going to manage $13B of mostly ABS for Northwestern Mutual, kicking of 2025 as … Continue reading →

Posted in Asset managment | Tagged alternatives, asset based finance, asset based lending, asset management, daniel enskat, institutional investors, insurance, private credit, private equity, private markets, warren enskat | Leave a comment

Capital Group and KKR enter into strategic partnership for alternatives, private credit, and beyond

Posted on May 23, 2024 by danielenskat

Investment management behemoth Capital with its $2.6 trillion in AUM announced a partnership with KKR for new ways to bring alternatives into investor portfolios. KKR manages $500 billion, $200 billion of which in credit. The two firms plan to make … Continue reading →

Posted in Asset managment | Tagged alternatives, capital group, financial advisors, investment management, kkr, m&A, partnerships, private credit, warren enskat group | Leave a comment

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

Posted on May 15, 2024 by danielenskat

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 →

Posted in Asset managment | Tagged aflac, asset management, insuran, insurance, liftouts, m&A, private credit, private equity, private markets, tree line capital, warren enskat, WEG | Leave a comment

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

Posted on May 7, 2024 by danielenskat

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 →

Posted in Asset managment | Tagged Brookfield, cargill, Castlelake, insurance, investment management, liftouts, m&A, partnerships, private credit, private markets, warren enskat | Leave a comment

BNY partners with CIFC on private credit

Posted on April 27, 2024 by danielenskat

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 →

Posted in Asset managment | Tagged asset management, BNY, CIFC, daniel enskat, institutional investors, liftouts, partnerships, private credit, private markets, warren enskat | Leave a comment

Brookfield to acquire majority stake in credit manager Castlelake

Posted on April 12, 2024 by danielenskat

The FT this morning reported that Brookfield Asset Management is in advanced talks to buy a majority stake in Castlelake with an investment of over $1.5 billion, including a large investment in Castlelake‘s private credit funds. Castlelake manages $22 billion … Continue reading →

Posted in Asset managment | Tagged acquisition, asset management, Brookfield, Castlelake, daniel enskat, liftout, majority stake, private credit, private equity, private markets, warren enskat | Leave a comment

Blue Owl expands into Real Estate Finance with Prima Capital Acquisition

Posted on April 10, 2024 by danielenskat

Blue Owl is continuing its buying spree, this time for Real Estate Finance. The $165 billion multi-strategy alt manager (Credit, GP Strategic Capital, Real Estate), announced the acquisition of Prima Capital Advisors for the aggregate consideration of $170 million. Prima … Continue reading →

Posted in Asset managment | Tagged acquisition, asset management, blue owl, commercial real estate, CRE, daniel enskat, liftout, prima capital, private credit, private equity, private markets, real estate, warren enskat | Leave a comment

Blue Torch Capital Closes $2.3B Credit Opps Fund

Posted on April 10, 2024 by danielenskat

Blue Torch, a NY based private credit manager surpassed the $2B fundraising target with the closing of Blue Torch Credit Opportunities Fund III, raising $2.3 billion. Similar to the other vintages, the fund will focus on bespoke credit solutions for … Continue reading →

Posted in Asset managment | Tagged acquisition, asset management, blue torch capital, Cerberus, credit opps, daniel enskat, fundraising, liftout, private credit, private equity, warren enskat | Leave a comment

IMF addresses growth of private credit market and „severe data gaps“

Posted on April 9, 2024 by danielenskat

The IMF in a financial sector stability blog says „fast-growing $2 trillion private credit market warrants closer watch“ The IMF yesterday in a writeup put the private credit market at $2.1 trillion globally, with 75% of that total in the … Continue reading →

Posted in Asset managment | Tagged asset management, daniel enskat, data, IMF, private credit, private equity, private markets | Leave a comment

Private real estate lender Kiavi launches construction product via tech and data platform

Posted on April 8, 2024 by danielenskat

Kiavi is one of the largest US private lenders to residential real estate investors, with close to $19 billion in funded loans – with a focus on technology & data for economies of scale. Today they launched a new construction … Continue reading →

Posted in Asset managment | Tagged asset management, daniel enskat, data, Kiavi, loan platform, platform, private credit, real estate, technology, warren enskat | Leave a comment