Tag Archives: Credit Secondaries
PennantPark Closed a $745 Million Credit Continuation Vehicle:
HedgeCo.Net — Kirkland & Ellis said on September 10 it advised PennantPark Investment Advisers on the close of PennantPark Credit Secondary Fund (PCS), a $745 million continuation … Continue reading
Private Credit Takes Center Stage: Ares’ $7.1B Fund Signals Expansion
(HedgeCo.Net) The private credit market — long the darling of institutional allocators — is rapidly evolving into a liquid opportunity set of its own. Today’s announcement that Ares Management has raised a massive $7.1 billion for its first private-credit secondaries fund underscores […]