Carlyle Group hired executive Doug McNeely from BlackRock to work with major clients, including pension funds and endowments.
Goldman Sachs Asset Management is making a preferred equity investment in private debt direct lending firm Varagon Capital Partners.
Quant manager Quest Partners hired Michael Harris as president, replacing Prashant Kolluri, who is moving to an advisory role.
Private debt is now the cheaper financing option for big-ticket leveraged borrowers than the ailing public market, upending industry norms.
Kevin O'Donnell was named executive managing director of the private funds group at Cresset Partners.
Preqin sees 15% annualized growth of APAC private markets AUM through 2026 while warning current market uncertainties pose downside risks.
Many institutions are hesitant to invest in commodities, but widespread stock and bond losses could draw them back to the volatile asset.
Alternative investment managers are having a tougher time raising capital as investors deal with public market volatility.
Atalaya Capital Management is acquiring a $250 million loan portfolio with the addition of a six-person executive team from Elm Park Capital.
Private equity firm Lovell Minnick Partners has entered into an agreement to purchase a majority stake in manager London & Capital.
Conor Daly was named managing director, senior portfolio manager and head of European credit at CIFC Asset Management.
Alec Litowitz will step down as CEO of Magnetar Capital and be replaced by David Snyderman, who will assume the role of managing partner.
Franklin Templeton has entered into an agreement to purchase Alcentra, Bank of New York Mellon's European credit investment arm.
Blackstone hired Anchorage Capital veteran Mark Glengarry as head of Asia-Pacific origination for its private credit business.
Eimear Palmer was named partner and global head of ESG at private markets manager Pantheon.
Franklin Templeton tapped ANZ veteran Patrick Vizzone as the firm's first head of sustainable agri-food.
Mitsui and Nomura agree to acquire 100% of Sydney-based real assets and natural capital manager New Forests Pty. Ltd.
Clearlake Capital Partners VII, the firm's seventh private equity flagship fund, closed at $14.1 billion, twice the size of its predecessor.
Gila Cohen was named managing director, institutional partnerships at private credit manager Monroe Capital.
Apollo Global Management will take a minority equity stake in European venture capital firm Sofinnova Partners.
Blue Owl Capital's Dyal Capital is in talks to acquire a minority stake in real estate investment firm DivcoWest.
Avik Dey, who specializes in decarbonization at traditional energy companies, was named co-head of Carlyle International Energy Partners.
Venture capital assets under management surpassed $2 trillion for the first time in September, according to a newly released Preqin report.
SoftBank Group reported a record annual loss of over $20 billion at its Vision Fund as a sell-off in tech shares pummeled its portfolio companies.
Pictet named Edmund Buckley head of direct private equity, and Andreas Klein as head of private debt.