Mid-Market

Ares deploys $24.1bn from private credit strategies in Q3

Credit accounted for more than 80% of the manager’s deployment in the latest quarter.

Investors want direct lending and senior positions – BlackRock

Established managers dominate fundraising and expand the addressable class of borrowers, according to a paper by the manager.

Kartesia: Lower mid-market opportunity beckons

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.

Senior debt: All eyes on M&A recovery in 2025

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.

Asset-backed finance, insurance power KKR’s credit division in Q3

Co-CEO Scott Nuttall sees ABF as a potentially $5trn-plus market for lenders.

Goldman Sachs: LPs are significantly underweight to private debt

Survey shows a mixed bag in investor attitudes toward the asset class, though many intend to increase allocations

Moody’s: Default rates for private equity-backed companies on the rise

Dividend recapitalisations also trend up, but only among higher-rated borrowers.

Behind NMSIC’s private debt pacing plan

New Mexico’s sovereign wealth fund wants to put more than $1bn toward private debt per year.

What will SME lending look like in 2028?

What might the maturity wall bring? And will banks be back in force in the SME lending space by 2028?