Fund Management

Private capital will be spontaneous post-budget

In the wake of the UK budget and US election result, private debt investors may adopt a cautious stance – but still be ready when an opportunity comes along – says Claire Madden of Connection Capital.

All change in 2024

The past year has seen a major transformation of the private debt industry, shaped as much by world events as it has been by firms.

DE Shaw raises $1bn for opportunistic credit fund

Alkali VI matches the size of its predecessor, drawing support from endowments, sovereign wealth funds and the firm’s own principals.

Apollo, Mubadala extend private debt partnership

The partnership, which began in 2022, is one of many tie-ups between the two firms.

Counting down: Please submit your awards submissions this week!

Make sure you get your nominations to us over the next four days to participate in the 2024 version of the Private Debt Investor annual awards.

BC Partners Credit to acquire Runway Growth

Agreement, expected to close by end of 2024, gives BP Partners benefit of Runway’s expertise in ‘growth lending’.

Impact investing gets serious

Fundraising by private debt firms for impact strategies appears to be picking up, even as ESG integration into mainstream strategies may be declining.

AlbaCore appoints Gillam to lead senior direct lending fund

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

The talent crunch demands attention

With private debt tipped to almost triple in size in the space of eight years, firms face a challenge on the recruitment front.

Private debt transactions surge as M&A market reopens

Transaction volumes reach their highest level in Europe despite terms becoming more conservative.