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The era of pure-play private equity is over. Banks are pulling different divisions together to serve the complex needs of global asset managers
Specialist moves after 18 years in the market
New dangers are making deals harder to do, but pricing for the haves is still tight
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Claim that fees put off institutional investors denied -
Liquidity event at American manager comes at fraught time for industry
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No one is sure when AI's threat will strike, or where
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Major sectors in leveraged loans are trading down, making shrewd credit selection vital
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Deal could include $950m of bonds
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Upper mid-market firms eschew ‘exciting’ stories as cracks emerge in European private credit
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