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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.

Investcorp acquires placement firm Mercury

The transaction is part of the Bahrain-listed firm’s expansion and global growth plan to boost its AUM to $50bn.

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.

Gulf Capital hires Sharaf for private debt arm

The senior hire brings significant leveraged finance experience to the company’s Gulf Credit Partners arm.

DOWNLOAD: Private debt LPs’ 2019 wish list

LPs plan to maintain their allocations to the asset class and rank a strong GP track record as the most important factor in due diligence.

Fundraising exec Mancer leaves Ardian – exclusive

Yacine Mancer, credited with raising a substantial amount of capital from the Middle East, has departed the firm where he spent more than seven years.

NBK investment aims to reap Saudi infra windfall

The firm’s sharia-compliant financing is the third from its second mezzanine fund, which has a target return similar to the 17% achieved by the first fund.

NBK returns 17% gross for MENA’s first mezzanine fund

The $157m 2009-vintage vehicle targeted mid-sized companies in the UAE, Saudi Arabia, Kuwait and Turkey.

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.
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