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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.

Sierra Income to acquire MCC and MDLY

The combined vehicle’s pro forma assets would be close to $2bn, according to an investor presentation.

Owl Rock to target tech, life science companies with new BDC

The firm’s flagship mid-market lending vehicle currently has around 5% of its investments in technology.

FS, KKR BDCs land $3.4bn revolver with syndicate of more than 20 lenders

The two financial firms plan will save in the aggregate of up to $10m due to lower interest rate spreads.

Golub to ‘expand firm’s capabilities’ with Dyal investment proceeds

Private markets managers often use the capital garnered from selling minority stakes.

GSBD to take investment risk profile into account for new target leverage

The alternative lender’s quarterly net investment income covered its $0.45-a-share dividend.

Ares raises $1.4bn for debut US direct lending private fund

The southern California-based alternative lender raised $11.4bn for its credit platform, aided by the close of its latest European direct lending fund.

ARCC ups dividend for first time since Q3 2012

Ares Management's BDC, which saw net outflows from its portfolio, experienced strong realised and unrealised gains of 22 cents a share.

Barings, AllianceBernstein look to reach HNWIs

The two asset management behemoths plan to tap an additional investor outlet.

Alt asset managers find buyers ready to snatch up minority stakes

More private fund managers that oversee closed-end funds are selling portions of their firm to finance product growth, succession or larger GP commitments.

Oaktree raises $720m for senior debt, touts direct lending as growth area

The Los Angeles-based firm also held closes on its latest transportation and special situations funds.

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