Christopher Faille
Cercano, of Bellevue, Washington, plans to hire three to kickstart growth.
The US business development company market has found itself exposed to stock market volatility and redemption pressure. But, due to conservative structuring and a promising environment for new deals, there are few signs of panic.
2022 was in many respects a terrible year for dealmakers. But it was not such an ill wind for all of them.
The firm is looking to leverage buyouts by PE-sponsored companies with staying power.
GPCA report says private credit reached a record, besting private equity and venture capital, largely due to distressed opportunities.
Three founders, formerly of Varde Partners, look to offer distressed solutions to Main Street.
The manager’s second business development company addresses growing retail interest in income-producing investment.
Suhail Shaikh comes on board and Rishi Kapoor discusses the place of debt in the firm’s strategy.
Begins life with a portfolio of approximately $350M, including TIAA commitment.
Disruptive technology and new efficiencies lie in the wings for trade finance, but an additional nudge may be necessary to get them to centre stage.