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From hybrid liquidity deals to infrastructure continuation vehicles, managers are building flexible platforms designed to deploy capital wherever demand emerges.
Private credit is encroaching on yet another banking stronghold, as firms race to finance the power plants, grid upgrades and backup generation needed to support the data-center boom fueled by artificial intelligence.
GPs are raising record sums for continuation vehicles, but the firms closing funds fastest are those proving they can deliver distributions through old-fashioned sales.
The CV acquires a diversified, income-generating portfolio of largely first-lien senior secured loans from Arcmont’s 2019 vintage, Direct Lending Fund III.