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HPS targets $5bn first close for latest mezz fund – exclusive

Mezzanine debt funds were the most popular private credit strategy in 2018, collecting more than $50bn, according to PDI data.

Activist investor Stilwell puts forward nominees for ABDC board

The activist investor is taking a stand after Alcentra’s mid-market lending vehicle didn’t buy back 10% of its stock in 2018.

AXA increases Capzanine shareholding for growth drive

Capzanine hopes to expand its access to international investors through strong links with AXA’s investment management business.

DOWNLOAD: Fundraising hits four-year low

Fundraising eased off last year as concerns about the global economy grew. Find out all the details in our interactive report.

Indigo raises €170m for second mezzanine fund

The French manager has secured commitments from new French investors for the follow up to its 2014 vehicle.

2018 in review: Big funds split the market

Despite lower headline numbers, 2018 was a strong fundraising year, with investors increasingly moving towards the biggest funds.

Move over, mezzanine

Unitranche finance has become one of the most popular private debt strategies in recent years, but has it displaced its rivals? John Bakie investigates

Darby Latin American private credit vehicle hits $300m hard-cap

The vehicle, managed by Darby Overseas Investments, will be used to invest in mid-market companies with at least some of their revenue in US dollars.

NMSIC to vote on $75m investment into real estate debt fund

The investment committee will vote tomorrow at its monthly meeting to potentially invest in the Brookfield Senior Mezzanine Real Estate Finance Fund.

What are the most popular strategies?

Distressed fundraising falls back as senior debt funds lead.

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