Direct lending

How to resist the hype surrounding asset-backed finance

With so much focus on the ABF opportunity, investors must be wary of getting carried away.

Eldridge closes on lease facility with ProPetro Energy

ProPetro, doing business as PROPWR, targets 750MW to be delivered by 2028.

26North founder Josh Harris sees mid-market as private credit sweet spot

The manager tells PEI Group’s NEXUS confab that despite the late stage in the credit cycle, the firm is finding value where there is a shortage of capital.

Schroders Capital hires Asia fundraising head from Oaktree

Sabrina Meng will start in a new role at the British GP next month, Private Debt Investor has learned.

Patria prepares next vintage of Latin American credit strategy

Patria’s first Latin American vintage raised $314m, which the company says delivered a nearly 16% IRR.

Exclusive: Brigade closes first dedicated private credit fund with $1bn to invest

The manager will use the fund to target first-lien loans to lower mid-market sponsor- and non-sponsor owned borrowers.

Apollo-backed New Catalyst inks partnership with emerging manager

The growth partnership is meant to grow Ferghana Investment Partners’ hybrid capital platform.

Arcmont outlines the opportunity for European private credit

Economic growth may not be as rapid as the US, but spreads and credit docs may compensate.

Oaktree-backed GA Group launches direct lending platform

Great American Holdings has acquired a risk solutions business and begun managing third-party assets focused on asset-based lending.