The PMs leading the next wave of European CLO strategies
ANALYSIS: A series of high-profile hires have been made ahead of an expected influx of new European CLO managers this year

‘The enthusiasm has been great’
Why are so many new managers launching? Creditflux spoke to 10 who started a CLO business and found that, while it may sometimes be fraught, it’s a rewarding and enjoyable challenge

Park Square launches European CLO platform
The new platform will be co-led by Wlod Wator and former BlackRock European CLO portfolio manager Ryan McGahon

Park Square in early stages of preparing its first European CLO
EXCLUSIVE: Documents filed in Ireland confirm that the private debt manager is readying its first CLO offering

Park Square appoints its first CLO portfolio manager in Europe as it prepares to enter the market
The private credit firm is among a growing cohort of managers eyeing the European CLO market

Park Square strikes US direct lending alliance with Nomura
The new agreement will help Park Square source US senior direct lending deals for its new US Loan Partners fund

Park Square raises EUR 4bn for junior debt strategy 
The firm’s latest fund, Park Square Capital Partners V, surpassed its initial target and is significantly larger than the EUR 2.2bn predecessor fund

Park Square and Nomura plan private credit partnership
EXCLUSIVE: The two parties are negotiating a partnership in which Nomura’s US investment banking unit would help Park Square source unitranche deals in the US

Park Square launches dedicated US private credit strategy
EXCLUSIVE: The London-based private credit manager is aiming to raise USD 500m to USD 750m for the debut fund

European junior debt opportunities opening up according to Park Square
As Park Square celebrates its 20th anniversary, we asked the firm’s founder and managing partner Robin Doumar about the private credit landscape in Europe.

Park Square raises EUR 3.4bn for direct lending strategy
Park Square continued its long standing partnership with SMBC as the cornerstone of a Eureopan direct lending fundraise

Public Pensions, Private Pursuits: 26th-30th August 2024
Pennsylvania, New Mexico and Illinois reveal private credit investments, while the Texas and Arizona systems plot moves

Credit funds at a glance (April 2022)
A round up of fundraising and people moves in credit  

Park Square sells minority stake to Bonaccord
Bonaccord Capital Partners has bought a minority stake in $10 billion private credit shop Park Square Capital

Credit Rendezvous: Credit spins full circle
The third quarter was massive in terms of volumes with CLOs, high yield, leverage loans and private equity registering record issuance. But credit spreads were up and down as inflation fears, crackdowns in China and rising coronavirus cases became catalysts for risk-off sentiment in July and September

Credit funds at a glance (June 2021)
A round up of fundraising and people moves in credit

Park Square collects €1.8 billion for European mezz debt fund
With leverage, Park Square expects the strategy to have €2.2 billion of investable capital

Credit fundraising: three massive European direct lending funds notch up €17.6 bn
Fundraising figures continued upwards in April as just over $24 billion was raised for credit funds, alongside $3.2 worth of allocations to credit managers. Nine funds held final closes including the largest European direct lending fund raised to date

KKR brings in Park Square partner for European private credit team
KKR has appointed a London-based partner to its European credit team

CVC brings in BlackRock and Park Square private credit pair as partners
CVC has made two senior appointments to its private credit team, including a co-head of private credit

Park Square opens Frankfurt office
Park Square Capital has established an office in Frankfurt, as the European direct lender says the local presence “cements our commitments to clients in the region”

Park Square nears €1.5 billion final close for European junior debt fund
Park Square Capital is nearing the final close on a fourth European mezzanine debt fund, with the London-based manager collecting nearly €1.3 billion

Park Square promotes four after departure of direct lending head
Park Square has announced four promotions to partner, which comes a couple of months after its head of direct lending Howard Sharp parted ways with the firm, as previously reported by Debtwire

Danish pension fund eyes niche credit opportunities
PensionDanmark is preparing for more volatility in 2019 by casting its eye towards niche opportunities in the special situations and distressed debt market. The Copenhagen-based pension fund last month merged its alternatives and private debt platforms