News & Analysis

Crescent Capital promotes Wright to president

Manager makes other executive changes, in moves toward a ‘new stage of growth’ and succession planning.

Blue Light Capital launches credit division to target mid-market lending gaps

The firm hired Needham Point Capital co-founders Jeremy Burton and Tristine Lim to lead Blue Light Credit.

Closing the carry ‘loophole’ could open a set of bigger problems

Debates on increasing tax on carried interest shouldn’t ignore the wider contribution private equity brings to economies.

Loan Note: Private debt performance strong, notes AIC; direct lending volume dips as LBO financing rises

AIC finds private debt performance standing up well versus comparators; direct lending volume dips but leveraged buyout financing is on the rebound; and NAV specialist 17Capital makes move into GCC.

Arcmont gets green light for private credit LTAF

The firm has received regulatory approval to offer direct lending to defined contribution pension clients.

Leste Group pushes further into real estate credit with LNL Capital

In less than a year, the net lease mortgage REIT is on track to originate $1bn on an annualised basis.

Advent and ADIA to invest up to $3bn in Fisher Investments

The investment puts FI at a valuation of $12.75bn.

MidOcean Partners raises $765m for opportunistic credit fund

Fund targets off-the-run, mid-sized direct lending, stressed and distressed investments in third vintage.

Loan Note: Fitch sees defaults rising amid healthcare headwinds; US leveraged loan activity booming

Fitch finds defaults rising amid healthcare struggles; Monroe notes a strengthening US leveraged loans market; and MidOcean wraps up a new opportunistic credit fund.