While the presence of sovereign wealth funds in the private debt space has increased substantially, allocations have actually declined — capital raised for private debt funds closed on 2016 stood at $ 94 billion — that's down from $ 98 billion in 2015 (which is still four times as much as was raised in 2009). (investmentreview.com)
«That is why I think a lot of the smaller private debt fund managers in Europe will fall by the wayside or be consolidated,» says Fobel. (hedgeweek.com)
Prior to joining Cerberus, Mr. Johnston was a Managing Director at White Oak Global Advisors, LLC from 2011 to 2017 where he was responsible for sourcing, underwriting and managing new investment opportunities across sectors for White Oak's private debt funds. (cerberuscapital.com)