Fundraising

The Tokyo-based manager received more than 80% of commitments from global institutional investors such as North American pensions and endowments, as well as European funds of funds, and financial institutions.

A ‘hazardous market’ of high leverage and high pricings is a sign to invest in a low volatility asset, according to panellists at sister publication Private Debt Investor’s New York Forum.

Private equity funds held final closes on more than $86bn in Q3, up from $75bn in the same period last year.

Bain Capital spin-out Core Equity Holdings on its €1bn debut long-term fund and why the traditional PE model is set for an overhaul.

The Swiss firm is targeting senior secured loans, but it will also make investments further down the capital stack such as mezzanine debt and of an opportunistic nature, such as rescue financings.

The fund is closing below its initial €7bn target after almost two years on the road.