New York bankruptcy court approves sale of the SVB Securities business for $81m in cash and subordinated debt to Klarman-backed management group.
2 min read · 10 July 2023
Sixth Street Lending received commitments from pension funds in Michigan and Pennsylvania.
2 min read · 07 July 2023
Tipped as largest such credit fund, it works with ‘thoughtful management teams’ to craft non-equity financing.
2 min read · 27 June 2023
Majority ownership shifts to the senior lenders, led by Arbour Lane, as debt is cut substantially.
2 min read · 26 June 2023
Creator of the survey says the novel practice of back-levering deals with NAV has already spread to even the lower mid-market.
4 min read · 21 June 2023
The firm says hard-asset ownership allows the maritime fund to cover the downside.
2 min read · 15 June 2023
Our latest LP Perspectives survey found that more than a third of investors plan to increase allocations to private debt.
1 min read · 12 June 2023
Our annual lists of the biggest investors in the asset class reveal significant increases in allocations by institutional investors since 2019.
3 min read · 12 June 2023
A decade of fundraising data reveals two distinct eras for capital commitments to the asset class.
3 min read · 12 June 2023