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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.
The lower mid-market lending firm has opened its first office in the north-eastern US with a partner from its direct lending investment committee.
The investment firm is already seeing possible deals, and is past the due diligence phase on several.  
The hire follows Jennifer Paquette stepping down from her post as CIO after more than two decades at PERA.
The Bahrain-based firm is just the latest private equity shop to build out its credit investment strategies. 
The firm’s latest private credit fund is the third in a row to surpass its target, securing a $100m commitment from the San Francisco Employees' Retirement System, among others. 
The Santa Monica, California-based firm's vehicle will focus on senior secured loans. 
The Ares/American Capital transaction closed in January but only after months of due diligence, negotiating and board meetings. PDI meets the team behind the deal.
The credit-investing behemoth posted stronger returns in 2016, which gave its performance-related earnings a significant boost.
The Windy City pension fund also narrowed its search for managers in two other investment categories. 
The mid-market lending arm of Bain Capital Credit will draw down almost $120m in capital.
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