Home Authors Posts by John Bakie

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.

CBAM poaches AXA exec to launch European arm

The US-based investor has hired Jean-Philippe Levilain to launch a European business as part of its global ambitions.

Debt funds urged to prepare for increase in restructuring cases

A worsening economic environment means private debt providers will need to be ready to take control of their portfolio companies.

Angelo Gordon adds Michiel von Saher to London team

The appointment will expand the firm’s performing credit team in Europe.
Flag of Germany

ICG appoints former Muzinich MD to grown German client base

ICG has increased its focus on the German LP base after expanding its origination capabilities there in the summer.
Distressed debt chart

Confidence in distressed is growing again

Distressed debt fundraising is one of the most cyclically affected strategies in private credit, and in the first half of 2019 it was back with a vengeance, writes John Bakie.

Alcentra prices retail debt fund at $265m

The closed-ended vehicle will give retail investors access to a broad array of sub-investment grade credit in the US and Europe.
Commodity shipping trade

How lenders can plug the gaps in global trade flows

Hidden behind the headlines about trade wars, a lesser-known but equally troubling lack of finance could damage supply chains. With bank lending hit by regulators, can private debt firms be the answer? John Bakie investigates

RiverRock holds first close on €344m for senior loan fund

The fund hopes to avoid slow origination through a deal with ING Bank.

Pemberton closes second mid-market fund at €3.2 billion

The fund manager has significantly expanded its presence across Europe in anticipation of opportunities from banks deleveraging.

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.

Copyright PEI Media

Not for publication, email or dissemination