The investment puts FI at a valuation of $12.75bn.
2 min read · 17 June 2024
Fund targets off-the-run, mid-sized direct lending, stressed and distressed investments in third vintage.
1 min read · 17 June 2024
Fitch finds defaults rising amid healthcare struggles; Monroe notes a strengthening US leveraged loans market; and MidOcean wraps up a new opportunistic credit fund.
5 min read · 17 June 2024
The ratings agency said many facilities were secured by overvalued property and had weak covenants.
3 min read · 14 June 2024
The decision on the SEC’s private fund rules was made for the right reason. There was also a troublesome ‘wrong reason’ in the mix, but the court ignored it.
3 min read · 13 June 2024
Plymouth County Retirement Association has released a RFP looking for a senior direct lending vehicle.
1 min read · 13 June 2024
Coller finds strong appetite for private credit; European mid-market performing well; and new private credit blockchain solution launched.
6 min read · 13 June 2024
The firm’s second opportunistic credit fund closed at more than twice the size of its predecessor with backing from LPs across the US, Europe and Asia.
1 min read · 12 June 2024
The firm will continue its strategy of backing Central European growth businesses with debt and equity solutions.
2 min read · 11 June 2024
Citco report finds only around 15% of NAV loans are used for LP distributions.
3 min read · 11 June 2024
