North America

Configure Partners report finds aggressive dealmaking

Lenders are stretching terms amid an overabundance of dry power and too few deals.

ICG closes North America credit fund on $1.9bn

The fund is a direct follow up to its 2018 vehicle and will continue to back mid-market American companies.

Viola Credit and Cadma Capital Partners form $500m ABF partnership

The joint venture plans to lend to sponsor-backed tech companies in the lending space.

Carlyle, North Bridge form C-PACE loan venture

The partnership will provide $1bn of commercial property loans in the US.

S&P Global: $950bn of CRE debt due in 2024 to pressure refinancings

The amount of commercial real estate debt will peak at $1.27trn in 2027, driven by lower borrowing costs from years’ past.

Silver Point holds final close on $4.6bn credit fund

Opportunistic vehicle nearly triples the size of its precursor, and will invest in cyclically driven dislocations.

Madison Realty Capital holds final close for sixth debt fund

Including leverage and other capital, the fund has an investment capacity of up to $8bn in total commitments.

KKR identifies potential $300bn credit gap as banks scale back lending

Alternative lenders and the commercial mortgage-backed securities market could help plug the gap, per a report released this week.

Florida SBA faces setback in efforts to introduce CFOs

The $257bn pension has been seeking alternatives to secondaries sales to avoid taking massive discounts in such transactions.