News & Analysis

Loan Note: A fund first for MidOcean; hires and promotions at Colbeck Capital and King & Spalding

MidOcean closes first CLO equity fund. Plus: Colbeck brings in head of business development; and a raft of promotions at King & Spalding.

Akoustis, a wireless tech concern, enters bankruptcy

Under a decision by the Third Circuit appeals court, Akoustis may have to pay post-petition interest to debtors.

AEA’s Jung has a cautious view on 2025

Amid industry optimism on M&A, firm’s head of private debt sees rising need for recapitalisations and refinancings.

Loan Note: BlackRock finds defaults persisting for smaller firms; Sixth Street, Affirm team up in ABF space

Default rate remaining high for smaller companies, finds BlackRock. Plus: slower growth in modifications to banks’ CRE loans; and Sixth Street strikes ABF partnership with Affirm.

Private debt’s emerging manager problem

New GPs face a tough task to attract investor interest, but there are ways in which they can maximise their prospects.

17Capital parts ways with senior exec entrusted with Dubai office launch

The departure comes six months after the firm said it was opening in the UAE to deepen its push into the Gulf region.