Direct lending

Strong relationships with borrowers and a deep understanding of their business are required to achieve compelling returns and attractive terms in the lower mid-market, according to Investec’s Callum Bell and Greg Betz.

Commitments from Mitsubishi UFJ Trust Bank and Abu Dhabi’s sovereign wealth fund give the strategy’s first vintage significant firepower.

Healthcare has been a problematic sector, with a default rate of 7.5%.

Sustainability-related initiatives are clearly focused on material, impactful, financial objectives, if comments at NEXUS 2025 were anything to go by.

Lincoln will partner with the managers to launch two evergreen funds to focus on global private credit and royalties.

Adviser RVK recommended raising its private credit allocation to target 5%, or $300m-$400m, per year through 2029.

Partners look to extend $2.5bn in venture debt to tech world for years to come.

Blackstone Private Multi-Asset Credit and Income Fund plans to give investors exposure across its entire platform.

Lane42 will receive $2bn in seed capital from hedge fund Millennium Management.