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D.E. Shaw Raises $1 Billion in Latest Alkali Private Credit Fund.
D.E. Shaw Raises $1 Billion in Latest Alkali Private Credit Fund.
- Source :
- Bloomberg.com; 11/13/2024, pN.PAG-N.PAG, 1p
- Publication Year :
- 2024
-
Abstract
- D.E. Shaw & Co. has successfully raised $1 billion for its latest private credit fund, Alkali VI, focusing on less liquid credit-related assets. This fund is the sixth in the Alkali series and will be managed by Richard McKinney, Marianna Fassinotti, and Seth Charnow. The firm manages over $60 billion across various strategies and has seen success with its private credit vehicles, such as the Diopter series. Private credit funds have outperformed buyout funds recently, but this trend may change as interest rates are cut by the Federal Reserve. [Extracted from the article]
- Subjects :
- INVESTORS
CORPORATE debt
LIQUID assets
INTEREST rates
PRIVATE equity
Subjects
Details
- Language :
- English
- Database :
- Complementary Index
- Journal :
- Bloomberg.com
- Publication Type :
- Periodical
- Accession number :
- 180847698