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The lender's announcement that investors would no longer be able to ask for a set amount of money back from its funds prompted worries about the private credit industry.
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Bank of America Commits $25 Billion of Its Own Cash to Private Credit Deals Bloomberg.comBank of America commits $25bn to private credit lending Financial TimesBank of America commits $25B to private credit deals - report (BAC:NYSE) Seeking AlphaBofA commits $25 billion to private credit deals, Bloomberg News reports By Reuters Investing.comBo
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The average refund is much bigger than last year. And the IRS says more tax refunds are on the way.
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Moonfare, a private equity platform which aims to get affluent individuals into big-name funds, has closed its second-generation co-investment fund on an above-target $83m.
The post Moonfare seals above-target $83m close for second private equity co-investment fund appeared first on AltAssets Private Equity News.
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Infrastructure investor AP Moller Capital's Morocco-based subsidiary has raised about $178m for the final close of a transport and logistics fund targeting the country.
The post AP Moller Capital seals Morocco-focused transport, logistics fund close, has $243m to invest appeared first on AltAssets Private Equity News.
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Alternative asset major Blue Owl Capital has picked up more than $3bn commitments at the final close of its strategic equity and secondaries strategy.
The post Blue Owl brings in over $3bn for strategic equity, secondaries fundraise appeared first on AltAssets Private Equity News.
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Stafford Capital Partners has raised more than $1.1bn across its flagship fifth secondaries infrastructure fund and related vehicles.
The post Stafford Capital seals biggest infra fund close yet with $1.1bn secondaries-focused raise appeared first on AltAssets Private Equity News.
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