Europe

New UK hire and planned fund for Beechbrook

The UK-based lower mid-market lender has brought in Richard Smart from NatWest as it prepares to raise its largest domestic fund to date.

Arini secures $150m for credit opportunities strategy

The fund manager is launching its first opportunities fund to capitalise on an upcoming refinancing wave in Europe.

A new dawn for Italian law security

With a new and modernised approach to legal rights, Italy may be set to give greater encouragement to direct lenders interested in participating in the market.

Amundi unveils sustainable agriculture debt fund

The vehicle has received an initial commitment from Crédit Agricole and is targeting €750m to improve agricultural sustainability.

BlackRock secures $1bn climate transition credit mandate

The deal was announced as part of the surprise launch of a new climate-focused investment manager by the Abu Dhabi royal family.

Eurazeo closes sixth direct lending fund on €2.3bn

The French-headquartered firm’s latest SME lending vehicle received significant backing from international investors.

Cheyne announces £7.5bn fundraising for real estate credit

The firm is raising two vehicles, which it says will benefit from ongoing transition in the real estate lending market.

Manulife agrees to buy CQS for an undisclosed sum

Asset managers see synergy in CQS’ investment process and Manulife’s broader footprint.

Have high interest rates altered the demand dynamics?

In an era where cash is king again, private debt has to offer something exceptional to investors – and in some areas it can, says Claire Madden of Connection Capital.