North America

Shamrock Capital holds final close on $813m media, entertainment fund

The latest vintage of the series, which previously held rights to Taylor Swift’s catalogue, continues its focus on acquiring cashflow-generating assets.

Flipping the script on interest rates

Expectations that interest rates will see further cuts this year fade as war in the Middle East continues to weigh on markets.

Barings raises $19bn for global direct lending platform

The global direct lending platform is comprised of around 10 vehicles across a variety of structures.

S3 closes latest residential debt fund on $850m 

The firm raises $850m in discretionary commitments, with $465m in co-investment capital.

KBRA: A Medallia default would cause widespread, but not catastrophic effects

If the customer/employee management platform defaults, more than $5bn of equity value would be at risk of being erased, report says.

CPP Investments unloads European non-performing loan portfolio

Net proceeds near C$1bn to be redeployed as the market for NPL portfolios changes.

Mass probes brokers, advisers, who sold private credit

Bay State regulators widen the blast radius.

Antares closes third senior loan fund with $8.5bn in capital

The Chicago-based manager beat its target fundraise, deploying 30% of the fund’s commitments as of the final close.

Woes continue at FS KKR: Enhancement actions announced

JPMorgan cuts exposure to the publicly traded BDC after downgrades and stock price dive.