Chris Rust and Lei Lei join as co-heads; the partnership is intended to support completion of the Ninety One European Credit Opportunities Fund 1.
Sound Point Capital Management has added a three-person European secured lending team from Ninety One.
Chris Rust and Lei Lei join as co-heads of European secured lending.
The partnership is intended to support completion of the Ninety One European Credit Opportunities Fund 1.
Reported by The Wrap desk from Private Credit Daily coverage and Private Credit Daily tracking. Published . Corrections
Chris Rust and Lei Lei join as co-heads of European secured lending; the partnership is also intended to support completion of the Ninety One European Credit Opportunities Fund 1.
Ares reports the first real dispersion in years, and origination and distribution become the premium beta buyers cannot buy.
The $44bn manager's CRE credit book spans 167 loans and $4.3bn, and Faris AbiNader is the hire meant to fund the next leg.
Add-on loans to existing borrowers were about 45% of direct-lending deployment in the first nine months, the quarterly update says.
Credit and insurance inflows reached $35.8bn in the third quarter, lifting assets to $480bn.
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