Arena hired three new managing directors for global marketing to boost growth in the firm's special situation private credit strategies.
BentallGreenOak is acquiring The Carlyle Group's real estate secondary market business, Metropolitan Real Estate Equity.
Daniel McHugh was appointed CIO of Aviva Investors' $66.2 billion real assets business.
Apollo Global Management and other alternative managers are pushing to expand into retail investment.
Ariel is launching a private investment firm that will focus on making middle-market companies certified minority-owned enterprises.
Apollo Global Management closed Apollo Accord Fund IV with $2.3 billion in capital commitments.
Bain Capital Specialty Finance and Pantheon's private credit business formed a private direct-lending joint venture.
Jackie de Sanctis was hired to help build Cliffwater's private equity and private credit discretionary and advisory businesses.
Fundraising in private debt, private equity and real estate fell last year, while enthusiasm for infrastructure investing grew in 2020.
Sarah Riley was named U.S. director at the Alternative Investment Management Association, a new position.
Blackstone reported $618.6 billion in AUM, up for the quarter and year. The firm also announced its acquisition of Allstate Life Insurance.
Leon Black is stepping down as Apollo CEO after the completion of a review of his relationship with convicted sex offender Jeffrey Epstein.
Coller Capital closed its secondary private equity fund Coller International Partners VIII at just over $9 billion.
Completed transactions on the alternative investment secondary markets fell in 2020, down 27.7% from transaction volume the prior year.
Kennedy Lewis Investment Management closed its latest opportunistic credit fund at $2.1 billion.
Emma Davies has been named co-CEO of venture capital firm Octopus Ventures.
Stephane Chevrier was named partner, head of origination and member of the investment committee at private equity manager BEX Capital.
Edward Kung joined private credit manager Varagon Capital Partners as a managing director of business development and investor relations.
Fitch Group will acquire independent credit research provider CreditSights from the founders for an undisclosed sum.
Most credit portfolio managers believe credit defaults will rise in the coming months, although the level of pessimism is waning.
Latifa Tefridj-Gaillard was named managing director and head of Europe capital formation at infrastructure manager Digital Colony.
Brown University's Joseph Dowling joined Blackstone as global co-head of its alternative asset management unit.
Global alternative investment fund administrator Alter Domus is acquiring U.S. fund administrator Strata Fund Solutions.
Sabrina Fox was named the first CEO at the European Leveraged Finance Association.