Mid-Market

VSS Capital Partners on capturing the structured capital opportunity

Straddling the worlds of equity and debt, Trent Hickman, co-managing partner at VSS Capital Partners, identifies a form of capital that offers business owners flexibility and incentivisation that offers business owners flexibility and incentivisation.

Kartesia: Outperformance involves no compromises

There are certain principles of lending that must never be compromised irrespective of economic conditions, says Nick Holman, head of the UK and Irish investment team at Kartesia, PDI’s Lender of the Year in Europe 2024.

26North seeks to stand out from the crowd

Apollo co-founder Josh Harris started his firm aiming for a ‘high hit ratio’ in the mid-market.

Oak Hill forms partnership with Ares-backed insurer

Oak Hill and parent company T Rowe Price expect to manage some of Aspida’s assets

KBRA: Regulations, ABL and IG debt top of mind in 2025

Private debt occupies a good position to capitalise on opportunities, but faces increased competition.

Ares raises $2.3bn for life insurance firm

Aspida, which also sells annuities, has grown to $19bn in assets with support from Ares.

AEA’s Jung has a cautious view on 2025

Amid industry optimism on M&A, firm’s head of private debt sees rising need for recapitalisations and refinancings.

ATLAS SP names Carey Lathrop as CEO

The firm that Apollo acquired from Credit Suisse is focused on growth in ABF and warehouse financing.

FCERA approves $250m debt allocation and $300m to $400m pacing plan

The Fresno-based pension fund maintains its 8% target allocation to private debt, sees reasonable IRR from those funds.

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’.