Asset-backed finance

Asset-based lending and term lending are coming together to meet challenges for a wide range of companies under pressure, argues Richard Gumbrecht.

The firm’s third vintage in its Asia credit strategy is thought to be targeting $1bn.

The Texas-based firm said lower mid-market businesses in Europe are facing a significant funding gap.

Manager anticipates an exclusively PE-sponsored, mid-market portfolio of high-quality companies that need some extra support.

Examiners ask about funds by name in opening requests. Enforcement has picked up the scent, too, Private Funds CFO has learned.

New York-based manager’s origination machine has grown AUM by 25% in one year to $1.05trn.

Ares Management raises a record $36.4bn in capital and deploys $36bn

Two-year forward-flow agreement deepens a relationship between the two that was forged in 2023.

The North America-focused fund exceeded its $886m target, with the fundraise expanding its private credit platform.

Scrutiny over software, BDC liquidity diverting managers’ attention back to what could be a $20trn market.