News & Events

Funds Partner Jason Herman was interviewed for a Private Equity Law Report article titled, “Simultaneous Management of PE and Private Credit Funds: Techniques for Properly Allocating Investments, Fees and Employees (Part Two of Two).” The article is part of a series that featured commentary from a number of industry leaders on the array of issues that can arise when simultaneously managing PE and private credit funds.  

The article focused on PE sponsors that decide to launch a private credit strategy, in particular the allocation of investment opportunities between the two types of funds. Given that certain assets may be well-suited to either or both strategies, Jason highlighted that distressed assets are one area where managers have several options. “Whether you place those deals in a distressed credit fund or share them with a PE fund, it’s important to consider how different types of deals would be shared or allocated between the two sides of the house,” Jason noted.

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