Europe

Italian private equity manager Clessidra raises €320m for receivables fund

The fund will focus on assisting 14 Italian companies to restructure and relaunch their businesses.

Europe’s mezzanine moment

Unitranche has dominated the continent’s private debt markets in recent years. But, as David Turner reports, mezzanine’s advocates say that it offers better prospects.

Allianz seeks €300m for private markets impact strategy

The fund will look to support projects with a positive social and environmental impact in Europe with both private debt and equity.

Akin Gump adds debt finance specialist to London office

The addition will expand the law firm’s capabilities in institutional debt finance work.

Blackstone’s Schwarzman on why he’s going big in European direct lending

The firm’s founder took a position early on in its development that modest goals and bold ones required similar effort to achieve. So why not aim high?

Opportunity and risk: a decade of change in European private debt

The last 10 years have seen enormous growth in private credit. Success over the next decade will depend on avoiding the crowds and having a strong operational resource, argues Hayfin’s Andrew McCullagh.

Chenavari targets £350m for new beds-focused debt fund

The vehicle will primarily lend against PRS and student accommodation assets in Spain and the UK.

The changing focus of European private debt

A recent roundtable revealed managers have new strategic priorities and different sources of capital to target.

CVC Credit adds director to Paris office

Hamza Filali will focus on originating private debt opportunities in France.

AnaCap closes Credit Ops IV at €1bn hard cap

The fourth fund was oversubscribed and will target a wide range of performing and non-performing credit.