Corner Office The Business of Investing
The manager has hired Kelly Cavagnaro to help increase assets under management for its institutional business over the next few years.
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Chairman & CEO David Solomon calls private credit’s growth “one of the most important structural trends taking place in finance.”
Following the surge in good news for the sector, potential changes to the rules on custody may pave the way to ‘dramatically more institutional involvement’ in the asset class.
U.S. consumer discretionary and healthcare companies topped the list of filings.
“They are going to break something. I just don’t know what.”
Peirce spoke to II about expanding the reach of capital markets, exemptive relief, the role of banks in private credit, and whether deregulation can go too far.
Great-West Lifeco’s Raman Srivastava has been named to run the BNY-owned LDI giant when Abdallah Nauphal retires.
His message is like “taking the red pill in The Matrix....there is no going back.”
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With Craig Altholz, Client Portfolio Manager Global Credit,
and Matt Brill, Senior Portfolio Manager, at Invesco Fixed Income
and Matt Brill, Senior Portfolio Manager, at Invesco Fixed Income
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