Activity Drivers

Deal activity is expected to grow, with positive economic conditions being one of the key drivers.

CVC and EQT back second round of sponsorless funding for Paymentsense

The card services provider has received a second injection of cash after a year of strong growth.

Private debt firms expect deal boom as competition heats up – report

Investors are bullish about deal activity, but increased competition has fuelled concerns about covenants and EBITDA multiples.

Retail: Left on the shelf

Retail blowouts are hitting the headlines, but many of the problems date from before the global financial crisis.

European expansion

Every European market has seen deal activity grow over the past two years.

Tikehau agrees €150m senior-stretch for JJA deal

The financing will help the household products provider to expand its operations internationally.

The Barings, Benefit Street and Triangle transaction: 5 takeaways

Barings has set the stage for a turnaround of the BDC through a shareholder-friendly fee structure and a commitment to slowly building out a portfolio of privately originated senior loans – but it will take some time, analysts say.

Barings to become TCAP external advisor for $235m; Benefit Street to pick up portfolio...

The triparty transaction would allow Barings to construct a senior debt-focused portfolio ‘from scratch’.

European deal volume up 50% in Q4 2017 – report

Strong lending in the final two quarters of 2017 saw record levels of European deal activity.

FS and KKR BDC partnership: Portfolio churn fears and discounts

The new arrangement is all but complete, with the shareholders of all requisite BDCs signing off on the marriage. An upside in their stock price, however, has been outweighed by other factors.

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