SVB and Signature, along with troubled bank First Republic, had been major sources of financing for many real estate managers.
6 min read · 14 March 2023
The fund of funds platform, which includes commitments to venture funds as well as private credit, continues to operate.
3 min read · 14 March 2023
The bank’s fall also highlights and potentially exacerbates a large and growing supply gap in subscription credit lines.
5 min read · 13 March 2023
The portfolio is among several large trades that have hit the market this year and that are helping to drive LP secondaries inventory to more than $20bn.
2 min read · 13 March 2023
If the FDIC doesn’t find a buyer for SVB by Monday, some of its small tech company customers will likely struggle to meet their payrolls — and some may have no choice but to furlough employees or even file for bankruptcy protection, experts said.
8 min read · 12 March 2023
Cercano, of Bellevue, Washington, plans to hire three to kickstart growth.
2 min read · 03 March 2023
The loan, which is secured by properties owned by the manager’s Sponda platform, has been placed into special servicing.
3 min read · 02 March 2023
Insurance companies are stepping in to fill a supply gap in fund finance, and one of the insurance worlds’ first movers in the market is looking to expand its fingerprint.
3 min read · 01 March 2023
Including target leverage and SMAs, the credit solutions fund is Crescent’s largest yet.
2 min read · 24 February 2023
GPCA report says private credit reached a record, besting private equity and venture capital, largely due to distressed opportunities.
2 min read · 24 February 2023
