John Bakie
John Bakie joined Private Debt Investor in November 2017 as news editor. He has spent over a decade covering a wide range of financial services including private equity, venture capital, retail investment, securities trading and asset custody.
The deal accelerates an existing agreement to acquire all of Idinvest by 2022.
The Scandinavian investment giant had conducted a strategic review of its credit business last year.
Private equity, which still offers the largest carry and salary, typically pays lower bonuses, according to research by salary comparison firm Emolument.
Private markets are likely to benefit from increased allocations from insurance companies seeking higher returns in the coming years.
BlueBay spinout Arcmont will launch a strategy next year designed to help sponsors turn around underperforming businesses.
LIBOR has underpinned financial products for decades. But it could be phased out in less than three years, with huge implications for private debt lenders.
New status is expected to widen the range of US and foreign owners of Blackstone’s stock.
The deal will allow Oaktree to operate independently, though Brookfield intends to build up its stake.
Private credit firm Park Square Capital's Robin Doumar believes market risks have increased over the past year.
Private equity, real assets, private credit and real estate are set to benefit from a shift away from public equities, according to the asset manager’s latest survey.