John Bakie
The asset manager’s partnership with LCL bank will aim to provide mid-cap companies with acquisition finance.
Investors are seeking out lower-risk alternatives to existing fixed income and real asset equity exposure, according to investment consultant bfinance.
France is seen by some as insular and unfriendly to business, but its booming private debt industry is proof that the stereotypes are not always true.
The hire of Florian Kawohl is part of the firm’s intention to grow its business in Europe.
The firm intends to raise €2bn by the end of the year, and said there are huge opportunities as banks continue to dispose of non-core assets.
The firm said an increasingly diverse and complex debt market increases the need for companies to seek advice.
The fund will lend money to firms offering access to clean energy solutions for both households and business in emerging markets.
The deal will see ARA take a majority stake in Venn and assist with its expansion.
The hires will support deployment of ICG’s first vintage of its mid-market strategy.
The global economy is under pressure in 2020, but the outcome is hard to predict. PDI looks at three different views on how things will develop this year.