Fierce competition for deals has led to speculation about the bursting of the direct lending bubble. But troubles in the broadly syndicated market may come to the rescue.
2 min read · 03 January 2019
An example of bank/fund collaboration, the vehicle allows the Swiss fund manager to take a slice of loans originated by the financial services giant.
2 min read · 02 January 2019
While 2018 was a solid year for private debt managers, the year is ending on a rockier note than it started, leaving question marks in 2019 for credit shops surrounding their portfolios.
3 min read · 31 December 2018
Houlihan Lokey’s Jeff Hammer says that while there is a broad base of potential actors, that loans are repaid over a given period or refinanced likely constrains the size of the market.
2 min read · 29 December 2018
The New York-based firm also invests in the strategy through its $900m Atalaya Asset Income Fund IV.
1 min read · 19 December 2018
Private equity firms taking non-control stakes in other such firms is booming, but the off-ramps for such deals remain mostly theoretical.
3 min read · 18 December 2018
The pension fund has awarded several GPs master custody accounts that follow credit strategies.
2 min read · 18 December 2018
The senior vehicle is the asset manager’s largest to date and has already made 15 investments.
1 min read · 18 December 2018
The buyer will contribute its incentive fees until the net investment income hits $0.40 per share.
2 min read · 17 December 2018
