Senior Debt

For those willing to build scale and adapt to local idiosyncrasies, Asia-Pacific has a lot to offer, according to Barnaby Lyons, a partner and the global head of special situations at Bain Capital, and Andrew Schantz, a partner in Bain Capital’s private credit team in Asia.

Limited partners are playing it safe as the most secure part of the capital structure claims a greater share of fundraising.

A deep segment, less competition, downside protection and solid returns through different economic environments. All reasons why the smaller deals market is flourishing, says Charles-Henri Clappier, partner and head of KSO France and business development.

The first half of 2024 has seen bumper fundraising for private debt’s number one strategy, with attention being drawn to a possible M&A revival.

Gillam joins the firm from Goldman Sachs and will be responsible for growing its capabilities in senior direct lending.

Sashi Nambiar, former head of Southeast Asia at PGIM Investments, joins next week as head of financial intermediaries and wealth for Asia in Singapore, PDI has learned.

The fund will offer access to an initial group of seven private debt funds through an evergreen structure with quarterly liquidity.

Fundraising bounced back in Q3 with average fund size continuing to increase, according to the latest PDI Fundraising Report.

The fund is thought to be one of the largest ever raised for private debt investment in Europe.

The fund is backed by a joint venture between Park Square and Sumitomo Mutsui Banking Corporation.