Doubts over profitability and scalability have plagued the sector but, as the banks retreat, non-banks are spying an opportunity.
4 min read · 05 January 2018
The world’s largest asset manager is raising an inaugural seven-year fund, which has a 10 percent carried interest over a 6 percent hurdle, after launching its mid-market lending business a dozen years ago.
2 min read · 22 December 2017
The fund manager founded last year has now made its first two deals with private equity sponsors.
1 min read · 18 December 2017
The French firm beat its €750 million target in nine months and has already begun deploying capital.
1 min read · 15 December 2017
The firm is expected to begin accepting commitments for the $500m vehicle in Q1 2018, according to a source familiar with the matter.
1 min read · 13 December 2017
A shift towards senior debt could indicate that the credit cycle is turning.
1 min read · 07 December 2017
The platform is Antares’ third iteration of a unitranche JV.
2 min read · 01 December 2017
Comparing audience views at the PDI Capital Structure Forum since last year reveals some interesting trends.
1 min read · 30 November 2017
The firm’s debut fund consisted mainly of investments in refinancings and commitments to private equity-backed borrowers.
2 min read · 29 November 2017
Nuveen’s private credit arm specialising in senior loans could lever the vehicle up to 2x.
2 min read · 29 November 2017
