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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.

Carlyle BDC Q4 credit losses partially reversed with market rally

The firm said on its fourth-quarter earnings call that one-third of its losses have been recovered after it posted an EPS loss for the final three months of 2018.

Madison Realty Capital nears $1bn close for RE debt fund

The firm’s latest credit vehicle has already significantly outpaced its predecessor fund, which closed on $695m.

Equitivo and Ablrate partner on blockchain-supported P2P loan secondary market

The market will trade loans £100,000-£1.5m in denominations of £100-£500, according to Equitivo’s CEO.

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.

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