AXA Investment Management closes Allegro VII CLO at $400m

The firm’s latest US CLO was oversubscribed in all tranches.

Ardian underwrites unitranche deal for Naxicap acquisition

The support for Naxicap’s transaction includes an acquisition facility to support further expansion.

Twin Brook supports recap of infant helmet maker

The healthcare specialist purchased the portfolio company from Cortec Group last year.

Shard Credit provides $13m to back UK accountancy business acquisitions

An accordion feature will provide SKS Business Services with funds to complete its acquisition pipeline.

Guitar maker Gibson gets final OK for bankruptcy financing from KKR, others

Melody Capital Partners, Silver Point Capital, and Grantham, Mayo, Van Otterloo & Company are also lenders.

Breaking down borders

European private debt is fast-growing but confined to a few key markets. A deal announced this week is the kind of initiative that should boost the late developers.

Making America sated again

Fundraising is trending back in favour of the world’s largest private equity and private credit markets.

Distressed & special sits report: Chasing yield

Distressed debt opportunities are on the rise. In a dynamic market investors must be flexible and prepared, writes Bill Brady, head of private credit group and member of special situations group with law firm Paul Hastings.

Distressed & special sits report: Overview

The past year has seen increasing appetite for distressed debt and special situations. PDI considers the factors behind the trend.

Neuberger, Goldman split Clearlake minority investment down the middle

Landmark Partners, which had a role in the deal, financed an earlier minority investment from Reservoir Capital Partners.

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