Many buyout firms have turned to “net asset value” loans.
Firms including Loomis Sayles and Dodge & Cox have also been pitching some of Wamco's key clients.
Apollo, like its peers, continues to target high earners for higher-fee-paying assets.
The bond giant's specialty finance strategy is a key plank of its push into private lending.
It's the latest example of money managers creating private-investment offerings for individual investors.
Imminent rate cuts by the Fed is generating renewed interest in the asset class, he said.
The five-star hotel is one of the trophy assets now on the market after the implosion of Signa Group.
Buyout funds are struggling to get the price they want for exiting investments.
High borrowing costs have hammered valuations and triggered defaults in the sector.
Pension plans and insurers have been piling into funds that invest in equity tranches of collateralized loan obligations.
Please log back in before proceeding.
There was an error logging in. Please try again.
Congrats! You are now logged in. Your exam is being submitted.
