John Bakie
The fund comfortably surpassed its €500m target and will focus on investing in lower mid-market companies.
Park Square managing partner Robin Doumar believes market risks have increased over the past year.
The healthcare sector has been attractive to mid-market lenders and PE sponsors for years. The way transactions are done keeps evolving, but the potential regulatory risk remains, says Twin Brook's Faraaz Kamran.
The French manager has secured commitments from new French investors for the follow up to its 2014 vehicle.
Private credit is set to benefit from a shift away from public equities and into private markets and fixed income, according the investment manager’s latest survey.
Political and economic concerns will be on investors minds in 2019, but market conditions could begin to favour lenders.
With so much capital raised in 2017, deploying it wisely and avoiding bad terms has become a major focus for managers in the past year.
Despite lower headline numbers, 2018 was a strong fundraising year, with investors increasingly moving towards the biggest funds.
The senior vehicle is the asset manager’s largest to date and has already made 15 investments.
The fund will support banks and other financial institutions in Eastern Europe and Asia.