Carlyle lands acquisition of $5.6 billion Apollo Aviation
The Carlyle Group has expanded its asset-based credit offerings with the acquisition of Apollo Aviation Group 

Goodhart unveils new platform to invest in private debt and equity firms
London-based Goodhart Partners has launched a new platform to focus on strategic minority investments, predominantly in private debt and private equity firms.

Managers cash in as investors come calling
Credit management platforms are being viewed as attractive investments, with a slew of acquisitions taking place in recent months — mainly involving private credit operators

Dyal buys minority stake in another private credit manager
Following a minority stake acquisition in HPS last month, Neuberger's Dyal has now attained a stake in another New York based private credit manager

BlackRock completes Tennenbaum acquisition
Global asset manager BlackRock has completed the previously announced acquisition of Tenenbaum Capital Partners

FS and KKR merge BDCs to create second-largest publicly traded BDC
FS Investments and KKR Credit yesterday agreed to merge FS Investment Corporation (FSIC) and Corporate Capital Trust (CCT), in a move that has created the second largest publicly-traded BDC behind Ares Capital Corporation  

Pacific Current acquires stake in Chicago-based private debt manager
Sydney-headquartered Pacific Current Group has acquired a 24.9% stake in Chicago-based Victory Park Capital

Neuberger's Dyal acquires minority stake in HPS
Dyal Partners, a division of Neuberger Berman, has acquired a minority equity stake in global credit manager HPS Investment Partners

Orix acquires US mid-market lender NXT
Japanese financial services firm Orix, has agreed to acquire US mid-market lender NXT Capital

Natixis IM expands private debt capabilities with MV acquisition
Natixis Investment Managers has acquired European private credit specialist MV Credit Partners

ESO acquires UK lower mid-market private equity firm
ESO Capital, a lender to European SMEs, yesterday announced it has acquired UK lower mid-market private equity fund Core Capital Partners

Ares emerges as favourite to take over troubled direct lending fund
Following Oaktree’s wind-down request, the board of the Ranger Direct Lending Fund has chosen Ares as replacement manager - moves which could see the fund change its focus from peer-to-peer loan investments to asset-backed loans

BlackRock expands US private debt capabilities with TCP acquisition
BlackRock has agreed to acquire $9 billion asset manager Tennenbaum Capital Partners

Spain's Ahorro Corporación to push into direct lending amid ownership changes
Spanish brokerage and advisory firm Ahorro Corporación is planning to move into direct lending and has changed up its ownership structure, with StormHarbour's stake dropping from 90% to 40%

Triangle BDC goes on a different tangent with Barings and Benefit Street deals
Triangle BDC sells assets to Benefit Street and arees to Barings takeover in an unusual deal 

Hercules Capital makes mighty push into commercial finance with acquisition
Speciality finance and venture growth firm Hercules Capital has acquired asset-based lender Gibraltar Business Capital in a bid to expand financing options to clients

Canadian asset manager acquires Asian private credit specialist Clearwater
In a bid to gain entry to the Asian private credit market, Canadian investment firm Fiera Capital Corporation has acquired Asian credit specialist Clearwater Capital Partners

Bless the bonds down in Africa, urges Botswana firm launching two debt funds
An Africa-focused asset management company run by a former Investec and T Rowe Price professional is promoting the launch of one debt fund – and says it now plans to launch another

White Oak buys niche lender FNCC
White Oak Global Advisors has acquired specialist direct lender Federal National Commercial Credit (FNCC), in a bid to “focus on growing its asset-based lending platform”

London direct lender rebrands following acquisition by Investec
Investec Bank has rebranded Amicus Commercial Finance as Investec Capital Solutions, following Investec’s acquisition of Amicus Commercial Finance in December

Japanese insurance giant acquires minority stake in TCW from Carlyle
Japanese life insurer Nippon Life Insurance Company has completed its previously announced acquisition of a 24.75% minority stake in TCW from Carlyle Group

Blackstone taps Australia's mortgage loan market with new acquisition
New York-based Blackstone is tapping into Australia’s lucrative mortgage loan market by acquiring an 80% stake in direct lending company La Trobe Financial

Dyal purchases minority stake in Cerberus's mid market credit unit
Neuberger Berman affiliate Dyal Capital Partners has purchased a minority stake in Cerberus Business Finance (CBF), the middle-market direct lending unit of Cerberus Capital Management

First Eagle completes deal to buy NewStar
New York-based First Eagle Investment Management has completed its previously announced acquisition of Boston-based direct lending specialist NewStar Financial

Credit Suisse unit acquires majority stake in SME-focused Swiss startup
The financial services giant's venture capital investment arm, SVC-Ltd, has acquired a majority stake in Swiss alternatives startup Tradeplus24