Anna Devine
Mid-market speciality finance firm MidCap contributed inflows of about $2.7 billion.
Around 130 borrowers have expressed an interest in the £3.5 billion government-backed scheme.
The firm is targeting €100m for what it says is Finland’s first private credit fund of funds focused mainly on senior and collateralised loans.
Pension fund managers in the UK are increasingly allocating to private debt but they are aware of the risks and are not willing to jump in blind. Anna Devine examines.
The European Commission is launching an investment plan and hoping to tap the support of non-bank lenders in its search for growth, Anna Devine finds.
Harbert holds final close on third mezz fund, which is its first non-SBIC mezzanine fund.
Stress tests should be extended to systemically important non-banks, ECB vice president says.
Ian Guthrie is the third advisor from a European bank to join the firm’s advisory council.
The two firms have completed their second deal from the €3 billion European Loan Programme joint venture.
The Irish commercial real estate debt fund has the potential to be upsized.