John Bakie
The deal will significantly expand Bridgepoint’s presence in the credit markets in both Europe and the US and give it a wider range of credit strategies.
The pandemic has not entirely dented the fundraising ambitions of private debt managers. View our fully interactive Q1-Q3 report here.
The firms believe aircraft can still offer long-term growth potential despite covid-19.
The deal is part of Alantra’s plans to grow a diverse European private debt business.
Debt fundraising has been hit by the pandemic but a several large fund closes mean the market has held up better than expected.
The newly launched litigation finance specialist Contingency Capital has received significant backing for co-investments from several asset managers.
A series of problems have driven banks away from financing global trade.
A survey by GCA Altium has found that 86% of banks and 92% of debt funds say they are able to make new primary commitments.
The global financial crisis saw the largest-ever sell-off of non-performing loans. The covid-related disruption may not be as bountiful for NPL investors, but it will offer select opportunities.
The CLO is CVC’s second in Europe this year and brings its total CLO assets to €6bn.