Direct lending

Neuberger Berman crushes target with $8.1bn close

The new fund is more than five times the value of its predecessor and is 63% invested.

Can direct lending challenge upper mid-market syndicated loans?

Direct lenders have started to encroach on syndicated loan territory, but is it a sustainable development?

Barings: Portfolio diversification is key to weathering the storm

An over-reliance on upper mid-market deals may leave some platforms exposed as liquidity dries up, warns Barings’ Ian Fowler.

AB Private Credit Investors: Opportunities remain for well-positioned lenders

Volatile markets create opportunities for direct lenders that are appropriately funded and flexible, says Brent Humphries, president of AB Private Credit Investors.

Twin Brook: Consistency of approach is key for credit managers

With predictions of a choppy period ahead in the macro environment, direct lenders in the mid-market stand to benefit if they remain reliable partners to borrowers and PE sponsors, says Trevor Clark, founder and managing partner at Twin Brook Capital Partners.

Paul Hastings: Direct lenders are navigating rough seas

Direct lenders need to be strategic about higher default rates, according to William Brady, Kris Hansen and Jennifer Yount, partners at global law firm Paul Hastings.

LPX launches index to track direct lending

The DLX will track direct lending activity by listed companies and shows the asset class offers superior returns to other benchmarks.

Tikehau closes flagship direct lending fund with €3.3bn

The fund manager has widened its base of LPs, with a growing number of commitments coming from outside of Europe.

How Ares plans to capture the overseas private wealth opportunity

PEI caught up with global wealth management head Raj Dhanda and newly appointed head of Asia wealth management solutions Henry Lee to discuss its expansion into the region.