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Andrew Hedlund

Andrew Hedlund
Andrew Hedlund is the Americas Editor at Private Debt Investor where he reports on the private debt market and coordinates coverage of the asset class. Before joining PDI, he reported on corporate bankruptcies for The Deal and Reorg Research, two financial trade publications. Andrew received a master's degree from Northwestern University’s Medill School of Journalism. He also earned bachelor of arts degrees in from Arizona State University.

By the numbers: Summit Partners’ latest fundraise

The firm has surpassed the targets for its past two funds, which have been mainly made up of non-private equity-backed companies, and is almost halfway to the third fund's target.

Fed chairman remains on credit managers’ side – for now

As many powerful financial actors have come out against leveraged lending, the US central bank leader does not see a looming ‘the-sky-is-falling’ moment.

Goldman Sachs raises $4.4bn of deployable capital for senior debt

The financial behemoth is the single largest investor in the fund, which is the latest in the Broad Street series.

Charting the growth of Owl Rock’s BDCs

The firm has grown quickly since it was founded a little more than three years ago and now has two BDCs that manage much of its capital.

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.

FS KKR ramps JV and asset-based investments, trims equity positions

The BDC’s asset-based investments are targeting an unlevered gross return in the mid-teens, with commitments made in the first quarter to an aircraft leasing company and a mortgage lender.

Barings BDC, South Carolina Retirement System launch JV to invest in corporate, real estate...

The partnership will see a geographic mix across the US and Europe, which will let BBDC access investments with different levels of yield.

Hercules elevates two investment pros to lead life sciences, tech groups

The firm also reported its first quarter earnings, which listed its largest portfolio ever at $2.15bn.

All is calm, but it’s time to stay alert

Many in private markets seem content with market conditions, but it wouldn’t take much for a temporary wobble to become a longer-lasting problem.

4 takeaways from InterGrowth 2019

The borrower-friendly market was the source of many observations at the annual gathering of private equity professionals, private credit managers and service providers in those industries.
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