Europe

The next few years will reward managers with proprietary local origination capabilities, strong deal selectivity and the ability to protect their portfolios, says Kartesia’s head of DACH, Benjamin Schall.

The third cohort of our Rising Stars includes a head of power and utilities, a portfolio manager at a Canadian pension and an expert in greater China.

Wealth investors’ involvement in private credit will keep growing but the next phase will reward selectivity and alignment, says Michael Massarano, partner and deputy chief investment officer at Arcmont Asset Management.

European investor appetite is accelerating, strategies are diversifying and emerging managers are gaining ground as private credit enters a new phase of growth, says Michael Dempsey, JTC’s global head of private credit.

The first cohort of our Rising Stars includes a head of insurance, a partner who has helped his firm boost its Legal 500 ranking and a head of private debt with experience on both sides of the GP-LP divide.

As investor demand for diversified portfolios, tailored bilateral structures and more defensive positioning grows, dispersion across private credit managers is becoming increasingly apparent, says James Reynolds, global co-head of private credit at Goldman Sachs Alternatives.

An infrastructure specialist, a senior leader in Carlyle’s Credit Opportunities platform and an investor in a German sovereign fund major are some of the second cohort of the rising stars.

Investor allocations to private credit climbed by nearly a quarter year-on-year, as positive sentiment shows no sign of weakening.

Time to submit your entries for these prestigious industry awards.

The cash-and-stock deal calls for holders of MidCap Financial Investment Corp to receive a 30% premium to the pre-deal price.