Maturity walls are forcing attractive loan terms, according to Varde Partners. Plus: charitable causes part of fee for Ares fund; and blue-chip GPs sign up to wealth platform. Here’s today’s brief for our valued subscribers only.
6 min read · 20 July 2023
Berkadia’s Foschini dives into why the structure is drawing more attention from sponsors today.
4 min read · 19 July 2023
Firms exhibited ‘muddling growth’ in the latest quarter from a year ago, says Golub’s chief executive officer, but at a significantly slower pace than the first quarter.
2 min read · 19 July 2023
The Florida-based private equity manager is looking to pick up market share left in bank lenders’ absence.
2 min read · 17 July 2023
The industry responds swiftly to concerns around direct lending’s ‘veneer of stability’. Plus: UK property lenders are given some green guidance on valuation; and Stonepeak makes a special situations hire. Here’s today’s brief for our valued subscribers only.
6 min read · 17 July 2023
Former PacWest division will focus on non-recourse bridge and construction financing following move.
2 min read · 14 July 2023
Dallas manager finding better debt opportunities compared to equity deals at present.
3 min read · 13 July 2023
In the face of growing cost pressures, there are few signs that private debt borrowers are experiencing widespread distress.
2 min read · 13 July 2023
French bank cites potential problems for Aareal and pbb Deutsche Pfandbriefbank, although the latter strongly disputes the findings.
4 min read · 13 July 2023
The second vintage exceeds its $5bn target, and has invested about $2bn in more than 80 companies.
2 min read · 13 July 2023
