In a deep dive, we examine how the ‘asset-light’ business model favoured by private equity and private credit is under scrutiny. Also, new debt firm Square Nine forms partnership; and UK pension Nest puts £450 million backing behind Crescent Capital Group. Here’s today’s brief for our valued subscribers only.
5 min read · 13 April 2026
The transaction is said to one of Europe’s largest – if not the largest – credit secondaries transactions to date
4 min read · 10 April 2026
The firm said that redemptions were not motivated by fundamentals, but by a broader trend of investors seeking liquidity from funds elsewhere.
3 min read · 09 April 2026
A huge increase in government spending, increasingly positive investor sentiment and a shift from the new economy to the old – all reasons why European defence is a lender target.
2 min read · 09 April 2026
The fund beat its target and expects to make more than 50 loans to European borrowers.
2 min read · 09 April 2026
Despite the issues around redemption requests in semi-liquid funds and concerns over AI disruption in the software sector, fundraising is going strong. Also, Moody’s sentiment on the BDC market takes a turn for the worse; and Hamilton Lane gets the go-ahead for an interval fund. Here’s today’s brief for our valued subscribers only.
7 min read · 09 April 2026
An ex-Goldman Sachs executive will succeed Edwin Wong, with new co-heads for the Asia special situations strategy also in place.
2 min read · 09 April 2026
The manager says redemption gates allow the non-listed fund to ‘preserve portfolio integrity and continue deploying capital’.
3 min read · 07 April 2026
The strategy’s fifth vintage, its largest, raises more than $10bn of investable capital.
2 min read · 07 April 2026
