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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 biggest BDC got even larger this quarter, and its capital cushion shows it.
The extra money will go, in part, toward building out a partnership with Varagon Capital Partners. 
The potential investments will be considered by the full investment council later this month. 
The SSG investments come from the pension fund’s opportunistic fixed-income bucket, while the Abry commitments are allocated from the private equity category.
The alternative asset manager is coming off the fundraising of its latest private credit fund, which closed in the fall.
Erik Falk will exit his senior position a year after former credit head Craig Farr headed to The Carlyle Group.
The two credit commitments are among several the Badger State pension fund made in 2016.  
 The distressed debt behemoth is also seeking commitments for its most recent real estate debt vehicle.  
The Ohio pension, currently short of its 8 percent target for private investments, has committed $30m to two Marlin Equity funds. 
Many private debt professionals have expressed optimism for 2017, but two cautionary tales emerged in January.
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