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Andrew Hedlund

Andrew Hedlund
Andrew Hedlund is the Americas Editor at Private Debt Investor where he reports on the private debt market and coordinates coverage of the asset class. Before joining PDI, he reported on corporate bankruptcies for The Deal and Reorg Research, two financial trade publications. Andrew received a master's degree from Northwestern University’s Medill School of Journalism. He also earned bachelor of arts degrees in from Arizona State University.

Oak Hill nearly halfway to $1bn target in latest private credit fund

The fund will invest in non-syndicated debt and illiquid large-cap deals.

Blackstone’s GSO grows new direct lending platform with $2.6bn BDC raise

The firm may oversee more than $10bn of assets for the strategy a little more than a year after it formally parted ways with FS Investments.

Crescent BDC to acquire Alcentra Capital for $142m in cash, stock

Alcentra BDC shareholders will retain 19% of the combined entity, while the buyer will reduce its management fee and up its hurdle rate.

Goldman Sachs collects almost $900m for private BDC

The new vehicle has purchased several investments, all of which are portfolio companies of the firm’s publicly traded Goldman Sachs BDC.

Debt funds are picking a bigger fight – and this time, they’re winning

Credit managers are now making offers for almost multibillion-dollar loans. But as private credit heads into uncharted waters, the asset class's next big challenge could come from the very force that catalysed its growth.

Hamilton Lane raises $760m for latest performing credit fund

The alternative asset manager’s new vehicle is the latest vintage of its Strategic Opportunities fund series, which is aiming for high single-digit to low double-digit returns.

BC’s credit platform makes another BDC play with OHAI purchase

BC Partners, which launched a credit arm more than two years ago, has made its second BDC purchase in less than a year.

KKR posts 5% LTM gross returns in alternative credit during Q2

The alternatives giant is in market with its latest direct lending vehicle focused on Europe, where executives said the firm has seen increased investor interest due to negative-yielding debt.

GP powerhouses hold all the cards on fees

Fees have broadly stayed constant. But when it comes to fund economics, there is still a danger of LPs being dealt a weaker hand at the negotiating table.
Elizabeth Warren

A ‘Warren-ing’ for the private credit industry

If private credit and private equity firms underestimate the threat posed by Elizabeth Warren and other liberal US presidential candidates, the future of alternative assets could look very different.
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