Remove Business Development Companies Remove Leveraged Buyouts Remove Pension Funds
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Ares Faces Its Biggest Decision Yet: Stick With Private Credit or Become an Alts Supermarket

Private Equity Insights

Question is: Can it become a one-stop shop for pension funds, endowments, insurers, and sovereign wealth funds eager for exposure to every major alternative-asset class — without diminishing its private credit franchise? The amount of business that banks do with us now is more than it has ever been.”

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Private Equity's Creative Wizardry Posing Systemic Risk?

Pension Pulse

In the US, Bloomberg Intelligence reckoned in a February note that 17% of loans at the 10 largest business development companies — essentially vehicles for private credit funds — involved PIK. Some investors don’t want firms using such tools to flatter returns.

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