PPM America Capital Partners, the private equity arm of PPM America has closed its latest co-investing fund on $660 million. This is the firm's largest fund to date.
Hedge funds continued their impressive run of performance in December, with an overall weighted average return of 2%, according to new data on funds administered by Citco.
Benefit Street Partners has closed its fifth flagship direct lending vehicle, BSP Debt Fund V, with $4.7 billion of investable capital across the strategy.