david.b@peimedia.com
.jpg "Golding raises €331m on first close – exclusive")
The firm is aiming to raise €600m on a final close for its strategy and has raised more than half the amount after five months of fundraising.
Blackstone and Prudential were the buyer of two separate portfolios of buy-to-let mortgage loans underwritten by Bradford & Bingley.
Appu Mundassery has worked at HIG Capital since 2009 and recently made head of the firm’s European direct lending team. He outlines to David Brooke some of the challenges within the European market and how HIG fits into the broader picture.
With borrowers wanting more flexibility and banks retrenching, lending against assets is a natural step for private debt firms, writes David Brooke.
The FRR’s €600m tender is the latest vote of confidence in the growing French private debt market, David Brooke writes.
.jpg "Zencap targets €300m for second RE fund – exclusive")
The firm is aiming to move down the risk curve in its latest real estate debt fund by offering senior and unitranche loans in addition to mezzanine investments.
Increasing investor demand and a borrowers’ market are pushing French private debt funds to diversify their product range, but some warn that the disintermediation process is moving too slowly.
Andrew Lawson joins the firm’s private debt operation from Citi. Permira is in the process of fundraising for its third investment vehicle.
.jpg?id=19327353363 "UK deal activity bounce-back may be short-lived – report")
UK private debt deal volume rose by 48% in the final quarter of 2016 as sponsors took advantage of the high levels of liquidity available, but it may be a temporary phenomenon warns Deloitte.
Less than a year old, the firm is now looking to ramp up its investments in Irish SMEs through its asset-based lending and invoice financing strategies.