News & Analysis

Kartesia raises €1.8bn for second gen senior credit fund

The fund will continue its strategy of investing in lower mid-market companies in Europe.

Principal launches private credit interval fund

Fund seeks 90% plus exposure to private credit, and targets US wealth and institutional markets.

Why Middle Eastern LPs are looking to the US 

Both sovereign wealth funds and Middle Eastern family offices are seeking opportunities in US private debt.

Canyon closes two CLOs to raise over $1bn

Canyon Euro CLO 2023-1 is the sixth-largest European deal ever, and the largest in more than six years.

The big retreat from larger loans – or not

Amid a revived broadly syndicated loan market, private debt firms must decide whether to keep competing.

Nassau and Golub form new strategic alliance

Partnership exemplifies recent trend of insurance and private debt firms converging to form synergies.

Loan Note: Insurance appetite growing for private debt; Arrow deepens its Germany presence

Insurance appetite for private debt revealed by survey; Arrow makes acquisition in Germany to deepen its presence in the market; and PGIM launches its first ELTIF vehicle.

Appeals court scuttles SEC’s private fund rules

Court hands big victory to private funds. Rifts in LP community may have aided the downfall of the regulatory package.

BDCs face challenges, competitive pressures

Business development companies are expecting strong income and dividend coverage but there are also headwinds to contend with. PDI examines the views of two rating agencies.

BlackRock adds senior role for Spanish and French private credit

Camille de Lamotte will join the firm from Goldman Sachs to lead Spanish activity and co-head French deals.