Second vintage focused on distressed assets doubles that of precursor and exceeds target of $4bn.
2 min read · 24 October 2022
The PE giant recorded $950.9bn of assets as of 30 September, rising 30% year-over-year, as it reels in nearly $50bn of inflows across strategies in the quarter.
2 min read · 24 October 2022
‘There are enough yellow and orange flags, if not red flags, that show valuations may not reflect what an orderly market transaction should reflect,’ says Equable Institute.
2 min read · 24 October 2022
It’s a more complex, specialist world of investing. Further thoughts arising from our Europe Summit. Plus: signs of slowing growth in US commercial property; and European leveraged loan issuance plummets. Here’s today’s brief for our valued subscribers only.
5 min read · 24 October 2022
There are challenges around terms and pricing, but healthcare borrowers can still find willing supporters in the private credit market, says Aymen Mahmoud of McDermott, Will & Emery.
4 min read · 24 October 2022
UK offices and retail are sectors of most concern as interest coverage ratios plummet.
2 min read · 21 October 2022
Many lenders are still in the comfort zone, as performance holds up and sponsors make concessions on deal terms, but few expect that to continue through the tests ahead.
2 min read · 20 October 2022
The firm’s fourth capital solutions fund will focus on providing capital to entrepreneur-led growth businesses.
1 min read · 20 October 2022
VRS has backed Apollo’s latest debt vehicle.
1 min read · 20 October 2022
In a new paper, PGIM considers what priorities private market investors should have in a changed world. Plus: Deloitte notes a strong first half of the year for European deals, as the second half looks tougher; and Angelo Gordon and Precis Capital add to their teams. Here’s today’s brief for our valued subscribers only.
6 min read · 20 October 2022
