Direct lending

Incremental debt provisions have existed for a long time, but stiff competition is driving manoeuvres to increase leverage.

After making major investments in the region this year, the Canadian LP says diversifying its credit portfolio with strategic agreements is a key pillar of its strategy.

PGIM Energy Partners II focuses on senior and junior debt as well as structured equity investments.

The CIO and investment strategy head exit the $36bn AUM life insurer after Brookfield’s recent move to acquire it, Private Debt Investor has learned.

The proliferation of covenant-light loans is driving competition among lenders, a recent report says. A Houlihan Lokey executive breaks down the consequences.

Good news amid disappointment over missed earnings-per-share estimate.

IG credit and ABF, as well as CLO management, part of the unit that represents 82% of AUM, contribute to the results.

The pension fund giant has hired Mascha Canio, who has managed public pension assets, to the new role.

Mark Jenkins, Carlyle’s head of global credit, will become co-president of the firm alongside John Redett and Jeff Nedelman.