Deals

Private debt transactions surge as M&A market reopens

Transaction volumes reach their highest level in Europe despite terms becoming more conservative.

Arena Investors and CC Capital to launch insurance and management platform

The two firms have partnered to create Ceres Life Insurance and integrate it with asset management under Westaim’s corporate roof.

Golden age talk tempered by concern over recent vintages

Amid concerns over pressure on existing loans and revived competition from the syndicated market, there is still an overall positive tone at the PDI Germany Forum in Munich.

Bridging the ‘missing middle’ of climate finance will require a variety of finance solutions

Founders can look to asset owners, corporations, government funding and project and equipment finance to scale their operations.

Ares to buy GLP Capital Partners’ non-China business in $3.7bn deal

The acquisition – which includes GCP assets in Japan, Brazil and the US – will nearly double Ares’ real estate assets under management.

Benefit Street Partners closes $1bn CRE CLO

Franklin BSP Realty Trust’s Comparato breaks down the transaction, which marks a bright spot for a quiet sector.

What goes up must come down

With the interest rate environment once more the talk of the town, private debt will have to adjust to another new reality.

The uphill battle to revive the deal market

The M&A market is proving sluggish, meaning credit funds reliant on the private equity-sponsored arena are facing a challenge. Creativity is the way to respond.

Private credit in Asia: The end of the Golden Age?

Credit is a huge market overall in Asia-Pacific but private debt represents only a small proportion. Andrew Schantz of Bain Capital outlines the opportunity ahead.

Consortium’s takeover of Vista’s Pluralsight agreed

Goodwin attorneys suggest this is a symptom of a change in the balance of power between private equity and private credit in distressed circumstances.