Direct lending

Locust Point holds final close on $428m fund

The firm’s strategy, which is focused on direct lending to senior housing and healthcare, has beaten its target.

Ares’ new €11bn fund: ‘Zoom fundraising ended up being incredibly efficient’

The Los Angeles-based firm’s Europe-focused ACE V is the largest-ever direct lending fund. PDI caught up with European credit co-heads Mike Dennis and Blair Jacobson to find out more.

Apollo taps ex-Goldman partner to lead credit secondaries unit

The credit behemoth has earmarked $1bn of insurance client capital for its launch into private debt secondaries.

Blackstone Credit’s inflows soar in the first quarter

The credit segment attracted $13bn of capital, beating all others, amid the firm’s record results.

Mid-market earnings soar to record, but Golub warns about inflation

The Golub Capital Altman Index has clocked 16% earnings growth for the market in first two months of the year, but the firm’s CEO says policy creates “very substantial risks” for the economy.

European direct lending could outstrip US – report

Direct lending in Europe has been driven by bank consolidation and is set to grow further following the covid-19 pandemic.

Twin Brook: 2020 was a different kind of contraction

Twin Brook Capital Partners founder and managing partner Trevor Clark discusses working through the unprecedented events of last year and the state of the market moving into 2021.

Ares raises almost €9.5bn after record-breaking results

The target for the European fund has been exceeded, as Ares’ gross fundraising surpasses $40bn and net income more than doubles.

Epsilon aiming to be first ‘pure’ Australian corporate direct lending fund

Set up by former Commonwealth Bank of Australia executives, the firm has attracted backing from a cornerstone investor as it seeks A$500m for its maiden vehicle.