Andy Thomson
.jpg "Muzinich lures team of four from ECM")
The new recruits have left the Wells Fargo subsidiary to focus on Muzinich’s European syndicated loans activities.
David Allen, formerly of CPPIB, has given his new credit business a name as well as hiring risk specialist David O’Neill.
The property lender has brought in Rocco Versace from Anacott Capital to boost its coverage of the UK and Italy.
Some private debt strategies look well placed to prosper from economic fragility arising from Brexit.
.jpg "Brexit: Survey shows concerns around UK funds")
A PEI survey of alternative assets professionals indicates less interest in UK funds and a negative effect on almost half of businesses.
According to new research, direct lending ranks ahead of mezzanine and distressed strategies in terms of prospects over the next two years.
The French marketplace lender’s fund is the first of its type in Europe dedicated to SMEs.
Almost $19bn was raised for such vehicles in the first half of 2016, with a $5.9bn Lone Star fund leading the way.
.jpg "Fundraising bounces back in Q2 – exclusive")
Following a sluggish first quarter, private debt fundraisers enjoyed a far more fruitful period from April to the end of June.
The Los Angeles-based firm is approaching the $3bn final target for its seventh mezzanine fund according to sources.