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John Bakie

John Bakie joined Private Debt Investor in November 2017 as news editor. He has spent over a decade covering a wide range of financial services including private equity, venture capital, retail investment, securities trading and asset custody.

Lendable seeks £350m for consumer lending fund

The consumer lending platform is launching its first closed-ended fund as part of its plans to grow its asset management business.
american business

European and Asian investors face costly hidden fees for US debt funds – report

Fees for offshore vehicles and a range of hidden costs are causing a returns disparity for non-US investors in US funds.

BNP Paribas closes CLO on €407.5m

The CLO was oversubscribed and raised capital from European and Asian institutions.

Barings closes European loan fund at €1.5bn

The fund is the latest in a string of vehicles with more than €1 billion to deploy in the European mid-market.
USA and China trade war

Corporate debt levels could make trade war recession worse – report

Growing levels of corporate debt, particularly leveraged loans, may leave firms vulnerable in the next economic downturn.

BlackRock closes credit opps fund at $2bn

The fund will look at special situations and opportunistic credit to help investors generate returns through the credit cycle.

Tikehau boosts debt assets by over 30%

An oversubscribed fundraising for its fourth direct lending fund has pushed Tikehau’s assets under management to new records.

Alcentra closes European direct lending fund on €5.5bn

The fund is the latest mega-vehicle to close this year and will focus on sponsored opportunities in the European mid-market.
Flag of Ireland

Beechbrook secures €35m for Irish SME fund

The firm’s first Irish fund will operate out of Cork and Dublin to back high-growth companies in the country’s regions.

Värde names Carstairs as co-CEO

The appointment will aid founder George Hicks’ shift to the executive chair role in 2022.
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