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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.

Ares posts double-digit direct lending returns for 2018

The firm raised almost $32bn for its credit strategies, with leverage facilities included, the bulk of which came from Ares Capital Europe IV.

HPS targets $5bn first close for latest mezz fund – exclusive

Mezzanine debt funds were the most popular private credit strategy in 2018, collecting more than $50bn, according to PDI data.

Medley receives offer for SBIC programme from Origami Capital

The new $45m bid comes after NexPoint Advisors made an offer for combining MCC into its sister BDC, Sierra Income Corporation.

Q4 volatility ‘another tantrum’ rather than start of a downturn: Golub

The firm’s new investments were still tilted toward unitranche loans, but senior secured loans made up a larger share than in the third-calendar quarter.

Antares founding partner leaves firm – exclusive

Eric Hansen’s departure late last year followed that of Chet Zara, another senior-level investment professional who left last February.

Energy Capital retools lending strategy with Fund II

The US-headquartered firm’s initial vehicle posted better results in its $377m of senior debt investments than when also taking mezzanine positions into account.

Permanent capital: the pathway to new investors

Apollo is in the vanguard of the trend as managers seek to lessen their reliance on drawdown vehicles.

Bain BDC gets OK to up borrowing capacity

The firm joins the ranks of other business development companies that have successfully sought approval to do so.

Carlyle bets big on credit for future growth

The firm’s recent initiatives include the acquisition of aircraft leasing investment firm Apollo Aviation Group and the launch of an opportunistic credit fund, distinct from its distressed debt vehicles.

Benefit Street’s Gahan named to top post at Franklin Templeton

The exec will oversee the latter firm’s alternatives business, which includes an emerging markets private debt fund.

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