Europe

France becomes top European market for private debt – Deloitte

Falling activity in the UK and Germany enabled France to become the top market for European private debt deals for the first time.

Harnessing the momentum of a buoyant market

With markets facing a severe imbalance of supply and demand for credit, private debt funds stand to benefit if they can harness the opportunity.

HPS closes on $17bn junior capital fund

The fund, which exceeded its $9.5bn equity target, has invested approximately $6bn in subordinated debt in 24 investments.

Beechbrook deploys €60m from latest private debt fund

The firm has completed five deals across northern Europe, including its first in Denmark.

Polestar adds four investors to impact debt fund

The new investors in Polestar’s vehicle, which focuses on backing innovative circular economy projects, have provided €87m.

GSAM: Insurers will increase allocation to private corporate debt

Turn to debt coincides with gain in favor among private assets generally.

Kartesia: European opportunistic credit is seeing a structural shift

With leverage down and pricing up, it’s shaping up to be a great year for opportunistic funds, says Damien Scaillierez, founding partner of Kartesia

State of the market: A turn for the better, but struggles persist

An improving economic backdrop in Europe may not offer much hope for firms that now face the prospect of further interest rate rises

Navigating the next wave of special situations

This could finally be the year when stressed situations take off, but you need to be able to see them coming and take appropriate action, say McDermott Will & Emery’s Mark Fine and Giulia Venanzoni

Mid-market lending trends: Emerging markets in Europe

US direct lenders are seeking to gain an edge with industry knowledge.