The London-based firm is also preparing to launch a CLO as it makes plans for an unpredictable year in the credit markets.
The firm continues to diversify its asset base to achieve its ambitious long-term fundraising goals.
The deal transfers management of two real estate funds to BSP including investment professionals and salespeople.
The vehicle will aim to generate strong risk-adjusted returns regardless of broader market conditions.
Faster chapter 11 cases have now become possible and private debt firms are expected to be in the vanguard of this development. David Hillman, Elisabeth Baltay and Chris Theodoridis of Proskauer explain why.
Peter Glaser will take over the European direct lending team, supported by two senior hires.
The firm has already raised €500m from European investors and will now pitch the vehicle to Australian LPs.
More work is needed to make standardised data on ESG available for smaller companies in the leveraged loan markets.
The real estate debt platform is the latest addition to CPDQ’s India private credit allocation.