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Bank pullback is fueling emerging markets direct lending

The strategy has experienced a spike in fundraising, and market players don’t think that will slow down anytime soon.

Northleaf hires managing director to expand EMEA investor base

Sophia Damianou, who will oversee business development for the region, joins the firm from a London-based hedge fund.

Goldman insurance survey latest to show LPs’ drift to private debt

Real asset debt and corporate loans were among the favourites of insurers, outpacing real asset equity strategies, hedge funds and public securities for planned allocation increases.

Lenders eye ‘seismic shift’ in African debt

The private credit market in Africa may be relatively small but is playing an integral role in helping to fill the capital gaps left by the continent’s banks. Rebecca Szkutak reports

African mezzanine deal makes 35% return

Vantage Capital delivered the profit from its investment in South Africa’s New GX Capital, and has so far delivered a 2x money multiple across its three mezzanine funds.

responsAbility ag-debt fund secures anchor investment

The development-focused asset manager has clinched a pledge from Kempen Capital for its new fund, which targets up to $300m over the next three years to support ag lending in the developing world.

Trio of deals for Gulf Capital

The Abu Dhabi-based manager’s second private debt fund has completed transactions in Egypt, East Africa and Turkey.

African PE is dead, long live private credit!

Investors in the continent’s private equity market should be considering other parts of the capital structure, writes Syntaxis Capital’s Africa head.

Nigeria’s first infra debt fund eyes $636m

The ‘pioneering’ listed vehicle has already secured commitments from nine Nigerian pension funds for its initial placing.

Abraaj new credit fund will target MENA

Just 1% of the private debt capital raised in the first half of the year went to Africa-focused funds.
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