Mid-Market

What makes the European mid-market so resilient?

A confluence of macroeconomic tailwinds and cleverly structured portfolios means that the European mid-market is well placed to endure a challenging credit cycle.

Three key reasons why Europe is rising up credit LPs’ agendas

Investors are looking to expand into new strategies and sector specialisms as focus on the continent intensifies.

Crescent Cove Advisors holds close on $446m

San Francisco-based manager focuses on growth-stage, mid-market tech with long-term demand.

New France head for ICG strategy

Mathieu Paillat, a former PAI Partners executive, will join as part of the European Corporate strategy, which focuses on flexible capital solutions.

Comvest Partners raises $2.63bn for flagship credit strategy

The closing of Comvest Credit Partners VII exceeded its target fundraise of $2.5bn

Ares raises $9.8bn for opportunistic credit fund

The Los Angeles-based manager exceeded the fund’s target fundraise as well as its prior vintages.

Moody’s: bank NDFI exposure grows to $1.4trn at year-end 2025

Loans to non-depository financial institutions were some of the fastest expanding areas of lending for large US banks.

Conflict of interest concern: Valuation of a loan by the borrower

Valuations of Blue Owl’s BDC’s portfolio provided by Kroll have raised concern given Kroll’s close connection to Deerfield, a borrower from those BDCs.

Kartesia Asset Finance on why private credit has only scratched the surface of ABF

Kartesia Asset Finance’s Fabrice Fraikin explains why asset-backed finance is going from strength to strength in 2026 – and why the underlying work around details can’t be overlooked.