What's happening:   Invesco and MassMutual's Barings subsidiary are forming a new strategic product and distribution partnership ...

David Gross, co-managing partner of Bain Capital ($185B AUM), shared his perspective on global investment opportunities with Goldman Sachs' Allison Mass. Speaking from his background as a founder of Bain's Asia business, Gross outlined why the firm remains bullish on the US economy, Japan's maturing buyout market, and selected European opportunities despite macroeconomic uncertainty.

In a recent Goldman Sachs Exchanges interview, James Reynolds, Global Co-Head of Private Credit at Goldman Sachs Asset Management, and Lotfi Karoui, Chief Credit Strategist, discussed the explosive growth of private credit from under $100 billion in 2010 to approximately $2.1 trillion today. Despite current market volatility and recession fears, both experts argued that private credit remains resilient due to structural advantages like flexibility, certainty for borrowers, an

Jeffrey Perlman, CEO of Warburg Pincus, sat down with Goldman Sachs' Allison Mass to discuss the state of private equity amid rising interest rates and geopolitical tensions. In the interview, Perlman, who took the helm of the $90 billion asset manager in September 2024, emphasized how diversification has helped the firm navigate challenging markets. Unlike many competitors struggling with distributions, Warburg Pincus has returned 50% more capital than it invested over the p

Howard Sharp, Chairman and Co-Head of Direct Lending at Alcentra, shared insights on the European private credit landscape. Sharp highlighted how the market has evolved following the 2022 interest rate increases, which caused a 40% drop in mid-market activity. He sees positive signs for 2025, noting increasing market segmentation.

Private Equity Firms Shift to Survival Mode as Exits Stall

Joel Holsinger, Partner and Portfolio Manager at Ares Management where he co-heads the $40+ billion alternative credit division, shared insights on the S&P Global podcast about the rapidly evolving alternative credit landscape.

Todd Owens, co-founder of Cantilever Group and 30-year finance veteran, discusses the evolution of GP Stakes investing in alternative asset management during a live podcast with Alt Goes Mainstream host Michael Sidgmore. His firm focuses on middle-market asset managers ($50-500M enterprise value), where he sees significant growth opportunities despite industry consolidation. Owens explains how the GP Stakes market has transformed from nonexistent 20 years ago to a legitimate

EQT AB, the global private markets firm, reported a robust Q1 2025 with fee-generating AUM growing to €142 billion (up 7.6% YoY), driven by successful fundraising with Infrastructure VI hitting its €21.5 billion hard cap and BPEA IX securing over $10 billion in commitments. Despite executing €4 billion in both investments and exits during the quarter, management cautioned that market volatility and 90-day tariff negotiations will likely depress exit activity for the remainder

Private equity firm EQT released its Q1 2025 earnings, reporting solid fundraising momentum and investment activity despite increasing global economic uncertainty and concerns about potential impacts from US tariff negotiations.

"It is the challenging environments that best showcase the strength and stability of our firm. We built our business to navigate periods of uncertainty and dislocation," said Stephen Schwartzman.

What's happening:   Blackstone, the world's largest alternative asset manager, released its first quarter 2025 results showing continued...

Private debt offers mathematical resilience to recession through high interest income offsetting temporary markdowns, but leverage amplifies initial pain. RetryClaude can make mistakes. Please double-check responses.

Vanguard teams with Blackstone and Wellington to create investment solutions combining public and private markets, potentially bringing alternatives to everyday investors and 401(k)s with lower costs.

AlixPartners' PE Leadership Survey reveals critical misalignment between PE firms and portfolio companies, with 41% of PE executives concerned about leadership quality versus just 13% of portfolio leaders.

VC secondaries market reaches $60B but remains small slice of venture ecosystem despite liquidity drought.

Trump's tariff bombshell threatens economic growth but creates opportunity for disciplined credit investors amid the volatility.

Credit investors face a new landscape where trade policy tweets can move markets 1,100 points in a day, forcing a fundamental rethinking of sector and geographic exposure.RetryClaude can make mistakes. Please double-check responses.

Trump's "Liberation Day" tariffs confirm KKR's view that globalization is giving way to regional economic competition.RetryClaude can make mistakes. Please double-check responses.

Private markets accessibility hits "iPhone moment" as BlackRock and Partners Group launch model portfolios designed to simplify advisor implementation.