Paul Hastings taps nine attorneys from King & Spalding team
Paul Hastings has upped the ante on its expansion plans in the world of private credit and restructuring by hiring nine seasoned attorneys from King & Spalding

Carlyle gets tightest middle-market reset senior spreads of 2024
Carlyle has reset its Carlyle Direct Lending CLO 2015-1R, a 2015 vintage with an unusual history, with the tightest senior spread in a middle-market reset this year

Dechert hires Fried Frank private credit lawyer
Dechert has hired a private credit and funds formation expert as a partner in the firm's financial services practice group

Private credit veteran returns to Barings
Barings is rebuilding its private credit team with the return of a veteran private credit alumni as a managing director in its global private finance group

Audax sees senior spreads come in 30bps in 3 months as new MM CLO prices
Audax Senior Debt, the senior debt direct lending arm of Audax Private Debt, has priced its second new middle-market CLO of the year

Alliance Bernstein grows alternatives business
AllianceBernstein continues to expand its alternatives business with the launch of a new BDC, as well as a further push into strategies such as energy transition, asset-based lending and opportunistic credit

Silver Point prices new middle-market deal
Silver Point Capital on Wednesday priced Silver Point SCF CLO III, a new US middle-market deal

US MM CLO Rankings - April 2024
Our latest rankings for the US MM CLO market, including arranger and manager league tables

Raymond James and Eldridge Industries launch private credit platform
Raymond James and Eldridge Industries are the lastest additions to the growing list of traditional banks and asset managers teaming up to expand their private credit platforms

2020 vintage MM CLO gets a reset
PennantPark has priced its third middle-market CLO offering of 2024, a reset of a 2020-vintage CLO that was the manager’s second transaction

Golub raises USD 2bn for sixth credit opportunities fund
Golub Capital has held the final close of the sixth vintage of its credit opportunities fund, raising USD 2bn

Golub hires from MetLife for new insurance solutions team
Golub Capital has launched a new insurance solutions team, as the firm continues its multi-year plan to build out its investor partners group

Twin Brook grows MM CLO business with upsized deal number three
Angelo Gordon yesterday priced the third iteration of its Twin Brook series of middle market CLOs in a USD 445.75m transaction, upsized from an initial USD 350m

US pension fund makes fresh USD 250m allocation to private credit
A US pension system has recently disclosed hundreds of millions of commitments to alternative funds, including USD 250m for private credit

New Mexico pension system approves USD 150m top-up to distressed debt fund
The New Mexico State Investment Council continued to pump money into credit alternatives on Tuesday, as the board approved its latest commitment