Loan Note

Blackstone’s Joseph Zidle tells the PDI New York Forum it would be wrong to assume a soft landing for the economy. Plus: Rabobank backs new direct lender; and bitcoin is the collateral of choice for Build Asset Management. Here’s today’s brief for our valued subscribers only.

Investors have had their allocation challenges of late, but US pensions are still prepared to put their faith in private credit. Plus: Fortress and Nassau strike an investment agreement; and Prudential and Warburg launch a new strategic initiative. Here’s today’s brief for our valued subscribers only.

Houlihan Lokey finds dealflow falling in most European markets, though the UK is a bright spot. Plus: AEW highlights the real estate debt refinancing gap in Europe; and why you need to be in New York this week for our latest event. Here’s today’s brief for our valued subscribers only.

European defaults on the rise as borrowers come under pressure. Plus: Cliffwater has good news on performance for direct lending; and why larger funds are benefiting in the sub lines market. Here’s today’s brief for our valued subscribers only.

AI may not be taking over the world, but it’s made an advance into cash reconciliation. Plus: reflections on the new private fund rules announced yesterday in the US; and Lincoln International finds senior debt prospering. Here’s today’s brief for our valued subscribers only.

An introduction to Private Debt Investor’s performance benchmarks. Plus: why BDCs are protected against economic challenges; and new deals struck by Hidden River and Blazehill. Here’s today’s brief for our valued subscribers only.

Book from Runway founder charts the rise of venture debt. Plus: Castlelake teams with Oportun for personal loans; and Bridgepoint prices its first CLO this year. Here’s today’s brief for our valued subscribers only.

Secondaries activity across alternatives as a whole is subdued, but a strong performance from debt is bucking the trend. Plus: fundraising data supports anecdotal evidence of a resurgence for junior capital; and the latest key hires. Here’s today’s brief for our valued subscribers only.

KKR’s asset-based finance strategy buys auto portfolio. Plus: Tikehau celebrates fundraising success; and Bain reports strong dealflow. Here’s today’s brief for our valued subscribers only.

Eaton Partners finds PE firms worrying about the tightened credit environment. Plus: a new fund close for InterVest; and Connection Capital concludes high-net-worth investors are still hungry for alternative investments. Here’s today’s brief for our valued subscribers only.