Andrew Hedlund
With the addition of Oaktree, a respected credit business, Brookfield has shown how debt investing has risen to prominence post-global financial crisis and become crucial for being a global diversified asset manager.
The growth in private credit presents plenty of upsides for private equity firms but also offers real challenges for CFOs and COOs.
Private equity firms taking non-control stakes in other such firms is booming, but the off-ramps for such deals remain mostly theoretical.
The Bain- and KKR-backed chain closed its doors in the US this year.
Ardian has become the latest private markets firm to open an office in a country whose institutional investors are hungry for private markets.
More US private fund managers are taking minority stakes in their industry peers and there are benefits for buyer and seller alike.
The Canadian retirement plan’s new hire oversaw investments in the debt of an Indiana toll road operator and Puerto Rico.
The Bain- and KKR-backed chain hoped a $1bn financing package would revamp customers’ in-store experience. Could it have rescued the retailer?
Private markets managers often use the capital garnered from selling minority stakes.
The two asset management behemoths plan to tap an additional investor outlet.