News & Analysis

Northleaf hires managing director to expand EMEA investor base

Sophia Damianou, who will oversee business development for the region, joins the firm from a London-based hedge fund.

EMPEA survey: private credit strategies in emerging markets seek mispricing of risk

Organisation finds emerging market strategies to have lower leverage levels and higher targeted returns than those aimed at established jurisdictions.

Debt funds push into emerging markets

Emerging markets-focused debt funds have grown significantly in the past decade.

Managers ‘should not have a free lottery ticket’

Four investors exchanged frank views about various aspects of private debt fees at a recent roundtable, with hurdle rates a lively discussion point.

The zombie investments have risen

While many funds wrap up cleanly, a lot don’t, and lenders are left to navigate how to deal with leftover loans and investor commitments.

LGIM adds two professionals to private credit business

The hires form part of the firm’s plans to grow its credit business by diversifying its client base and generating synergies across asset classes.

BBI backs Bootstrap Europe II with €27m

The funding will boost support for UK and European entrepreneurs who need capital without giving up equity control.

FS KKR ramps JV and asset-based investments, trims equity positions

The BDC’s asset-based investments are targeting an unlevered gross return in the mid-teens, with commitments made in the first quarter to an aircraft leasing company and a mortgage lender.