North America

BridgeInvest closes real estate credit fund at $670m

BridgeInvest Specialty Credit Fund IV has an equal split of foreign and domestic LPs.

Houlihan Lokey: Prices up and spreads, yields down in Q2

Slow M&A activity has increased competition among lenders for scarce deals.

Dwight Scott, of GSO and Blackstone, retires

The retirement comes not quite a year after the industry veteran became chairman of Blackstone Credit and Insurance.

Janus Henderson to acquire Victory Park

VPC brings an asset-backed business and litigation finance to the table.

TPG Twin Brook closes fifth direct lending fund with $3.9 bn in commitments

TPG says it has expanded its sponsor network and completed almost 200 transactions.

Barclays: Creditor-on-creditor violence to continue

Barclays’ liability management exercise report depicts a normalisation of the practice, and a scramble for creditors to protect themselves.

Report: Talks about the twisty Pluralsight saga near conclusion

Sophisticated lenders may not have been caught so flat-footed by a JCrew transaction after all.

Carlyle reports record AUM, credit raises $5bn

The firm’s credit AUM is up 25% year-on-year as it chases an overall $40bn fundraising goal, across funds and strategies, for 2024.

The insurer’s guide to infra investing

Alexander Gramann, Munich Re’s senior investment manager for renewables and infra, spots opportunity in the US and sub-IG debt.