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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.

Bain could put off BDC IPO – exclusive

The firm had been planning to raise up to $100m from the offering, which would have seen the BDC listed on the New York Stock Exchange, to pay off debt and fund investment activities.

GSO pulls in billions for new direct lending platform in Q3

The firm’s performing credit strategies have returned 9.4% for the last 12 months, significantly outperforming its distressed strategies, which have returned 4% over the same period.

TCI targets $3bn for latest RE fund focusing on first mortgages, senior debt

The firm has raised $3.3bn for real estate loans across its first two funds.

Cross Ocean closes special situations, aviation vehicles

Both funds are the debut commingled pools of capital for the respective strategies.

Golub raising 12th direct lending fund

The alternative lender pulled in $2.63bn for its previous vehicle.

FS, Bain, KKR BDCs hold first lien debt in bankrupt American Tire

The Apollo BDC, which owns equity in the company, shed its subordinated debt positions in the second quarter, as did the New Mountain BDC.

Siguler Guff raises $300m for fund investing in Brazilian legal claims

Much of the total comes from a $100m allocation from the University of Michigan.

A difficult pitch, but Europe needs US investors

Europe’s GPs are hungry for capital, and US LPs have plenty to commit. But bringing them together means overcoming concerns about the way disparate regimes operate.

Trade financing firm Latitude20 garners $250m investment from Corrum – exclusive

The deal will allow Latitude20 to increase its loan size by $10m.

Timbercreek raising debut US real estate debt fund

The Canadian property investment firm wants to make bridge loans of up to $35m.

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