Silver Point raises USD 4.6bn for opportunistic credit fund
It isn't just direct lending raising big checks. Silver Point blew past its target to bring in USD 4.6bn for a new distressed fund.

Sound Point breaks USD 1bn level on third direct lending fund
Sound Point Capital held a final close for its third US direct lending fund, raising USD 1.2bn of equity and debt

Apollo eyes IG private debt trading
Apollo Global Management is looking to create a trading desk for investment grade private debt

LBP AM raises EUR 300m for French private credit strategy
Paris-based manager LBP AM held a successful close raising EUR 300m for its small and mid-cap focused senior secured debt fund

MidCap resets brings in middle market CLO senior spreads 110bps
Apollo affiliate MidCap Financial's reset of a static middle market CLO from 2023 led to an eye-catching reduction in the triple-A spreads   

Doug Cruikshank, Managing Partner & Founder at Hark Capital, on opportunities in NAV Financing
In a recent Fireside Chat, Giovanni Amodeo sat down with Doug Cruikshank of Harc Capital, to explore alternative financing strategies

ICG holds largest ever European direct lending fundraise
ICG Senior Debt Partners V broke records with a final close at USD 17bn (approximately EUR 15.2bn), the largest European direct lending fundraise to date

A new manager debuts as Willow Tree prices middle-market CLO
The CLO world welcomed a new manager on Tuesday when Willow Tree Credit Partners printed its debut CLO: a middle-market deal arranged by GreensLedge

Apollo plans market’s first private credit ETF
State Street and Apollo are teaming up for the market's first private credit ETF, with a focus of investment grade private debt.

JP Morgan CIO PM finds his way to ABL fund
Doug Nicholson, a portfolio manager in the chief investment office at JP Morgan for over 15 years, has jumped to a buy-side private credit firm

KBRA hires Scott Duggal as it raids buy-side, sell-side, and journalism
Ratings agency KBRA has turned to the buy-side, sell-side, and journalism for a raft of senior hires in Europe

Cahill grows private credit practice with hire from Orrick
Law firm Cahill Gordon & Reindel turned to Orrick to find a new partner for its growing private credit practice

Corinthia Global Management eyes deployment in 4Q24
The upstart direct lender sued for lifting more than 20 staff from Barings is preparing to begin deploying capital as it announces a flurry of senior appointments

Direct lenders debate new protections to avoid being Pluralsight-ed
Direct lenders are starting to ask for “Pluralsight Protection” when negotiating new deals to head off a repeat of the standoff this summer

Brett Hickey, Founder & CEO at Star Mountain Capital, on creating a niche in private credit investing
In this fireside chat Brett Hickey shares his insights on topics including value-added direct lending and why he prefers buy-and-build

AXA Investment Managers completes acquisition of European private credit firm CAPZA
French-based AXA IM Alts has completed the purchase of European private credit and private equity firm CAPZA

BNP Paribas raises EUR 741m for direct lending strategy
BNP Paribas Asset Management has completed the close of its third European senior private credit fund 

Chorus expands SRT origination team
SRT specialist Chorus Capital has hired Penny Tan as a director and senior originator from ArrowMark Partners 

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

John Hartwell Cocke, Partner and Deputy CIO – Credit, at Corbin Capital, on secondaries in private debt
In this fireside chat John Hartwell Cocke, Partner and Deputy CIO – Credit at Corbin Capital, shares his expertise on private debt and secondary markets

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

Ares scoops up Riverside Credit Solutions for undisclosed amount
Ares Management has completed the purchase of lower middle market specialist Riverside Credit Solutions

Clearlake Capital agrees to buy MV Credit
Clearlake Capital has agreed to purchase European credit manager MV Credit Partners from Natixis Investment Managers

HSBC AM launches European direct lending and infra debt strategies
HSBC is expanding its USD 6.5bn global credit platform with an expansion of its UK direct lending platform and a new infrastructure debt strategy

Antares pursues private credit fund for affluent individuals
Antares has filed for a non-listed BDC that targests affulent individal investors for private credit