Tom Auchterlonie
The firm has been hiring big names in NAV since early last year.
Large regional bank will share further details of the deal on its third-quarter earnings call.
Firm now offers features ranging from legal document reviews to disbursements.
The mega-sponsor is planning originations in the coming months, primarily in the buyouts space.
The ratings agency's report finds distributions for notes backed by fund stakes fell due to decline in deals.
The portfolio of 201 loans has an unpaid principal balance of around $18.5bn.
Lender aims to fill the void in private equity financing caused by US regional banking crisis.
The new head of Canada and LatAm investor relations joins as the NAV market continues to boom.
A Fund Finance Association event in February heard how the small subsector is gaining interest, but financing challenges persist.
The loans represent small portions of activity for the GP-led vehicles, but they can be used for certain funding and buyer needs.