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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.

LPs stick with private credit amid contradictory economic indicators

The narrative of low interest rates, which played a role in the rise of alternative assets, could be here to stay.
Clock with no hands time timeless

The time is right for permanent capital

Closed-ended vehicles put fundraising pressure on managers and commitment pressure on investors, which is why many are eschewing traditional approaches in favour of more flexible, longer-term strategies.

Private debt’s future lies in the east, but performance in the next downturn will...

Managers believe the growth of alternative asset investments coming from Asia is set to continue over the next five years, writes Andrew Hedlund.

Activist investor Stilwell ups stakes in THL Credit and Garrison BDCs

It also has positions in two other business development companies: Great Elm Capital Corporation and MVC Capital.

Marathon seeks $750m for specialty finance fund

The firm is seeking more than double its $370m debut fund, which won a $100m allocation from a Minnesota retirement plan.

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.
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