John Bakie
John Bakie joined Private Debt Investor in November 2017 as news editor. He has spent over a decade covering a wide range of financial services including private equity, venture capital, retail investment, securities trading and asset custody.
The joint venture is structured as a RAIF and will look to acquire mainly senior-secured direct lending stakes.
Recent events bode well for credit secondaries – a small and rapidly growing part of the overall secondaries asset class.
Thomas Doyle has joined Pemberton to help the private lender tap into demand for late-cycle lending among the private equity fund community.
The Hong Kong-based partner reflects on how debt secondaries are maturing in Asia-Pacific and his role in Ping An and Coller Capital's recent credit secondaries deal.
The secondaries market in private debt has been showing promising growth, as GP-led deals claim a larger slice of the cake.
Just over 20% of the fund is already invested in secondaries, according to founder and managing partner Jeremy Golding.
Abhik Das will be responsible for primaries, secondaries and co-investment for institutional investment programmes and managed accounts.