Mid-Market

The $1.3trn manager said that it has recorded record fundraising YTD as of 30 September.

NXT backs Runyon buyout, Ashgrove funds Fourthline and Veritas merger, and more…

Fidelity Investments’ David Gaito and Therese Icuss explain why the mid-market space is so ripe with opportunity, as more lenders gravitate upwards.

Europe may be catching the eye of an increasing number of investors but most market participants believe the region will struggle to gain much ground on the US.

An integrated approach to assessing risks associated with geopolitical upheaval, climate change and artificial intelligence is crucial to future-proofing European private credit investing, says Peter Arnold, head of European private markets at LBP AM.

The next few years will reward managers with proprietary local origination capabilities, strong deal selectivity and the ability to protect their portfolios, says Kartesia’s head of DACH, Benjamin Schall.

Share of BDC loans deferring cash payments surged to 9.8% in Q1 from 5.4% in 2022 quarter; many loans are still marked at par.

LPs, some of which are hitting upper bounds of direct lending exposure, are turning to income-generating strategies like royalties, receivables and sale-leasebacks, says Conrod.

Sutta is taking over from Jim Moore, who will continue his role as Barings’ head of private placements.