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Carlyle AlpInvest and asset manager and insurance holding company Eldridge have sealed the final close of Eldridge Diversified Credit Fund I, which amassed about $1.5bn in investable capital.
The post Carlyle AlpInvest, Eldridge seal $1.5bn of investable capital for diversified credit fund appeared first on AltAssets Private Equity News.
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Private credit is expected to grow from $3.4 trillion in 2025 to an estimated $4.9 trillion by 2029. Wall Street is starting to raise alarms about the risks.
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Asset-backed credit provider Lendable has raised two new blended finance funds to bring its assets under advisory close to $1bn.
The post Institutional backers, DFIs help Lendable to over $300m so far for new fund pair appeared first on AltAssets Private Equity News.
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