Europe

Permira closes Sigma V CLO fund

The CLO fund will target investments in European CLOs across both the primary and secondaries market.

KPS seeks $5bn for turnaround investments

The firm, which makes control-oriented investments in financially or operationally distressed companies, will focus mainly on the industrial sector.

Muzinich & Co hires head of Nordics

The hire will allow Muzinich to grow its business in the Nordic countries across both institutional and wholesale markets.

CBAM poaches AXA exec to launch European arm

The US-based investor has hired Jean-Philippe Levilain to launch a European business as part of its global ambitions.

LPs stick with private credit amid contradictory economic indicators

The narrative of low interest rates, which played a role in the rise of alternative assets, could be here to stay.

Angelo Gordon adds Michiel von Saher to London team

The appointment will expand the firm’s performing credit team in Europe.

ICG appoints former Muzinich MD to grown German client base

ICG has increased its focus on the German LP base after expanding its origination capabilities there in the summer.

Cross-border financing enters uncharted territory

European borrowers wanting generous underwriting terms used to venture across the Atlantic. But after almost a decade, they’re looking much closer to home.

Pemberton closes second mid-market fund at €3.2 billion

The fund manager has significantly expanded its presence across Europe in anticipation of opportunities from banks deleveraging.