Independent sponsors, once known as fundless sponsors, have proliferated in recent years as they shed a reputation for inability to deliver, and have appealed to LPs wanting to commit capital to individual deals.
1 min read · 18 December 2019
The UK-based firm has posted a first close of its inaugural pan-European fund and is targeting €2bn of assets under management by the end of 2020.
2 min read · 18 December 2019
With the hires of Meg McClellan and Michael Apfel, respectively, the two firms are putting further emphasis on credit products.
2 min read · 17 December 2019
The merger would, as of the end of the third quarter, produce a BDC with investments and commitments of $3.25bn.
2 min read · 10 December 2019
The transaction is just the latest in a string of mergers that are slowly reshaping private credit.
3 min read · 09 December 2019
Rakesh Jain will help lead the firm’s expansion in private credit primaries, secondaries, co-investments and special situations.
2 min read · 06 December 2019
The direct lending firm is expected to also launch its next general business development company in 2020.
2 min read · 03 December 2019
The region’s fund managers are gaining ground and have reached a new high point in this year’s PDI 50.
2 min read · 02 December 2019
Real assets are a large but often hidden part of the private debt world.
3 min read · 02 December 2019