May 01, 2024

Credit secondaries best firms?

I understand that credit secondaries is still a pretty new and growing space. But just wanted to see which firms are doing it and how well? feel free to drop and throw around any names! Thank you, Fellow excel monkey.

2 Comments
 

Based on the WSO Dataset, the specific names of firms excelling in credit secondaries aren't directly listed. However, the context does mention a private credit secondaries team involved in a case study, indicating that firms are actively engaging in this niche area. For a more comprehensive list of firms that might be involved in credit secondaries, you might consider looking at those known for strong performances in broader credit markets, such as:

  • Apollo Global Management - Known for expanding their debt capacities and a leader in credit.
  • Ares Management - A strong player in direct lending and credit.
  • GSO Capital Partners (Blackstone’s credit arm) - Extremely active with a great reputation.
  • Oaktree Capital Group - Participates in most distressed deals, indicating a robust credit operation that could extend to secondaries.

These firms, given their extensive involvement in credit markets, might also be active or looking to expand into credit secondaries. For the most accurate and up-to-date information, checking the latest discussions on Wall Street Oasis or directly visiting the firms' websites could provide more specific insights.

Sources: Most active credit shops in the market?, Most active credit shops in the market?, Good credit funds?, Private Credit Secondaries Case Study Insight, https://www.wallstreetoasis.com/forum/private-equity/qa-non-target-top-bucket-ssg-private-creditdirect-lending?customgpt=1

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