PDI Staff Writer
KKR's asset-based finance strategy buys auto portfolio. Plus: Tikehau celebrates fundraising success; and Bain reports strong dealflow. Here’s today’s brief for our valued subscribers only.
Eaton Partners finds PE firms worrying about the tightened credit environment. Plus: a new fund close for InterVest; and Connection Capital concludes high-net-worth investors are still hungry for alternative investments. Here’s today’s brief for our valued subscribers only.
Default rates rising in high yield and leveraged loans, Fitch finds. Plus: Bootstrap acquires SVB German portfolio; and Oaktree puts the senior loans market under the microscope. Here’s today’s brief for our valued subscribers only.
NAV loans may be an expensive form of financing, but they're on the rise. Plus: office losses hit Goldman portfolio; and Carlyle backs auto finance platform. Here’s today’s brief for our valued subscribers only.
Goldman Sachs takes keen interest in real estate debt. Plus: distress rising in US CRE market; and Apera is the latest private debt firm to sell a stake in itself. Here’s today’s brief for our valued subscribers only.
The US default rate takes an unexpected dip. Plus: the ups and downs of the proposed AIFMD changes; and the tone of credit is positive, says Man GLG. Here’s today’s brief for our valued subscribers only.
Maturity walls are forcing attractive loan terms, according to Varde Partners. Plus: charitable causes part of fee for Ares fund; and blue-chip GPs sign up to wealth platform. Here’s today’s brief for our valued subscribers only.
The industry responds swiftly to concerns around direct lending’s ‘veneer of stability’. Plus: UK property lenders are given some green guidance on valuation; and Stonepeak makes a special situations hire. Here’s today’s brief for our valued subscribers only.
Fundraising headwinds continue to blow but the outlook appears to be brightening. Plus: private debt secondaries are showing only modest discounts; and France's Tikehau Capital expands into Abu Dhabi. Here's today's brief for our valued subscribers only.
Callan's findings from its inaugural study of private debt fees. Plus: Moody's highlights the fragility of US real estate markets; and France's Eiffel Investment adds to its sustainability toolkit. Here's today's brief for our valued subscribers only.