ALTERNATIVES
HPS Investment Partners closed its latest direct lending fund, HPS Core Senior Lending Fund II, with $7.3 billion.
Sheila Brown was named managing director and head of U.K./Europe investor coverage at private debt manager Antares Capital.
Former BlackRock executive Michael Leitner was named senior managing director at alternatives manager Stonepeak.
Christopher DeLong, chief investment officer at Taconic Capital Advisors, is retiring at the end of the year.
SoftBank Group is working on plans to become a lender in the $1.5 trillion world of private credit.
Investors are boosting credit allocations despite the risks, at a time when public fixed-income returns are at a 20-year high.
Difficult environment prompts trimming of firms’ flagship funds.
Daniel Pietrzak, a partner at KKR & Co., has been named the alternative money manager's sole global head of private credit.
Gautam Bhandari was named global chief investment officer at I Squared Capital.
Former Mercer executive Gregory Halagan has joined Oaktree Capital as head of insurance solutions.