Private credit has become an increasingly sought-after funding tool for buyout firms as banks have pulled back during a spike in interest rates and a drop in investor risk appetite.

John Goff’s remarks echo those of other prominent real estate investors who are eager to cash in on an anticipated wave of defaults and restructurings in commercial real estate.

The financial news publisher Institutional Investor announced that it has partnered with the global fintech platform Clade on a digital investment network to connect investors and family offices to fundraisers.

Asset-weighted returns for macro funds hit 3.07% in the three months through September, according to data from fund administrator Citco, which sees over $1 trillion of global hedge fund asset flows.

Pearl Street Equity, the family office of investor James Zenni, acquired the dessert retail chains TCBY and Mrs. Fields from Z Capital, an investment firm led by Zenni.

High yield is a healthier asset class than ever and makes an attractive alternative for investors as recession fears persist, managers say.