Apollo Commercial Real Estate Finance this week sold the residential- and office-heavy portfolio to Athene, its insurance arm.
Credit secondaries ranked second only to PE in deal volume across both LP-led and GP-led transactions in 2025.
The transaction marks EQT's entrance into the secondaries market and expansion into insurance offerings, with secondaries doyen Jeremy Coller reporting to chief executive Per Franzén.
'Even in an inflationary environment, we're able to benefit from a returns perspective as a result of those prices increasing higher than we may have anticipated,' Sagard's Raja Manchanda said.
Silver Point partner writes that serial acquirers can overstate growth and camouflage costs.
The enforceability of default interest clauses has long been a critical issue for lenders and investors in the private debt market. Donna Newman and Peter Sequeira of Stephenson Harwood examine the lessons from Houssein v London Credit.
Debt funds continue to lead the market, says Houlihan Lokey’s midcap monitor.
The failures of First Brands and Tricolor has put due diligence under the spotlight. In The Private Debt Investor Podcast, Matthias Kirchgaessner of Plexus Research and Jiri Krol of the Alternative Credit Council debate whether private debt has problems to confront.
Is the problem a mark-to-model issue or the lack of a sound business plan by a mid-market concern?
Entries for the PDI Awards 2025 must be received by midnight (PT) on 21 November.