Sergio Padilla
Private lenders are poised to snap up $1trn of CRE mortgages in the next three to five years, says Moody’s.
The firm, alongside PIMCO, announces partnership with Harley-Davidson Financial Services.
The pension fund giant has hired Mascha Canio, who has managed public pension assets, to the new role.
Mark Jenkins, Carlyle’s head of global credit, will become co-president of the firm alongside John Redett and Jeff Nedelman.
President Jon Gray sees the dealmaking pause in the rearview mirror, and expresses optimism for a return of M&A.
Led by Dan Loeb, the activist hedge fund has been bolstering its exposure to private credit.
Direct lending takes pressure off banks, KBRA argues, aiding the financial system.
While regulators are worried about systemic risk from private credit, KBRA research suggests risk is contained.
The partnership mirrors a recent announcement from another retirement services provider that touched off regulatory scrutiny.
Pinegrove Capital Partners was formed via a partnership with Sequoia Heritage in 2023.