Goldman Sachs Private Credit Corp. moves to a single CEO as David Miller steps back. The same week, Goldman split the fund’s president and operating-chief post in two.
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HPS Corporate Lending Fund lifts JPMorgan revolver to $3.325 billion and extends it to 2031.
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StratCap Digital Infrastructure REIT Replaces Chairman James Condon and Data Center Investment Head Bryan Marsh. Both successors were elevated from posts they already held inside the sponsor and advisor, keeping the transition entirely in-house.
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Warburg Pincus Access Fund raises $16 million in July Unit Sales. Subscriptions arrived exclusively through the fund’s two Class B unit classes, while the broader WP ACE platform gathered roughly $50.7 million on the same closing date.
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MSD Investment upsizes bank facility to $920 million and pushes maturity to 2031. The restated agreement also lifts the ceiling on the line to $1.380 billion, opening room to add lenders without reopening negotiations.
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Equity Residential and AvalonBay to become Vivmark Residential in $71 billion combination. The merged apartment owner expects to trade as VMRK, though individual community names will stay in place at closing.
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RTW takes its $9.7 billion biotech franchise into a non-traded evergreen fund. The vehicle would put private biotech positions and royalty interests into a quarterly-tender wrapper, but only for investors who clear the qualified client bar.
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ExchangeRight fully subscribes $15.38 million Essential Income 8 DST as investors seek defined path to the Essential Income REIT.
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Inland Real Estate Group names Matthew Beverly as Head of Asset Management. 20+ years in CRE including GGP, RPAI, and Transformco. Full story:https://t.co/QYRihkq3as
Straight Path Wealth Management discloses $427.8 million in holdings across 141 positions as of June 30.
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https://t.co/tcuf7lEA11
Inland Investments appoints Andrew Barnum as managing director, product strategy. Barnum joins from iCapital and Cetera with more than 20 years in alternatives and private wealth.
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StepStone Private Credit Fund adds $211.6 million as monthly raises continue. The fund set a 54-cent quarterly payout and pegged its June net asset value at $25.83 per share, a figure it stressed remains a preliminary estimate.
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GoldenTree closes second private credit fund oversubscribed at $2.75 billion. The firm cast the demand as a counterpoint to recent redemptions from business development companies.
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Apollo Debt Solutions BDC issues $750 million of notes due 2033. The business development company placed the senior notes privately with institutional buyers and expects to direct proceeds toward general purposes and repaying its credit facility.
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Eldridge moves to launch a new continuously offered income fund. The registration marks Eldridge’s step onto the registered-fund stage, with the vehicle’s adviser, strategy and fee terms residing in the accompanying registration statement rather than the notice itself.
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CĪON opens $500 million shelf while shares trade at a 51% discount to NAV. The universal shelf spans common and preferred stock, debt, warrants and rights, though the 1940 Act limits sales of new common shares below NAV without a fresh shareholder vote.
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ExchangeRight fully subscribes $90.67 million net-leased portfolio 73 DST. The $90.67 million portfolio spans 11 net-leased properties across six states, anchored by recession-resilient tenants including Tractor Supply, Hobby Lobby, and Dollar General.
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Selectis board backs $5.75 cash tender offer from Black Pearl as losses mount. The recommendation followed a months-long negotiation in which the price climbed to $6.25 before being cut, and the board proceeded without a formal fairness opinion.
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Kinetic Seas director Robert Jackson resigns. The exit leaves the small, unlisted Colorado company without an announced successor on its board.
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Mitesco clears 106 million shares for resale, flagging dilution of over 90%. The company will collect nothing from the sales, which stem largely from an amortizing preferred stock that converts into common shares at a discount to a market already trading near eight cents.
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