Arleen joined the Los Angeles office of P&I in 1998. She covers real assets and all alternative investment asset classes except hedge funds. She also covers various asset owners in the West including the California Public Employees Retirement System and California State Teachers’ Retirement System. Arleen previously wrote about municipal bonds for the Bond Buyer. She began her career in journalism as a staff reporter and, later, columnist for the Los Angeles Daily Journal. She holds a B.A. from UCLA and a juris doctorate degree from University of La Verne. She is also a member of the California Bar Association.
Credit managers see a potential business opportunity for non-bank lenders in the venture debt sector, now that Silicon Valley Bank has left the stage.
Private equity was the only private markets asset class to have negative returns, with a -9.2% net internal rate of return for the year ended Sept. 30, according to McKinsey & Co.'s Global Private Markets Review 2023 released Tuesday.