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.
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.
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.
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.