John Bakie

The hire will provide ICG with a stronger local deal origination presence at its Frankfurt office.

The firm has hired four researchers in London as part of its first major phase of expansion in the European market.

Improved returns over meagre bond yields are a key driver of smaller institutions looking for private debt exposure.

Peer-to-peer lender funding circle has announced a second closed-ended direct lending fund, this time focused on Germany and the Netherlands, as it slashes its revenue growth forecasts.

LGT beat its €800m target and more than doubled the number of investors from its previous fund.

Lawyers offer vital protection to debt funds, ensuring their documentation provides funds, and ultimately investors, with covenants and terms they can rely on. But the practice of equity sponsors designating lender counsel could be leaving creditors in the lurch.

Lending on a non-sponsored basis is growing more slowly than expected but firms are realising a specialist approach might be the key to success.

While new fund launches have slowed down significantly, those funds that are in the market are bigger than ever.

Lawyers offer vital protection to debt funds, ensuring their documentation provides funds, and ultimately investors, with covenants and terms they can rely on. But the practice of equity sponsors designating lender counsel could be leaving creditors in the lurch.

While new fund launches have slowed down significantly, those funds that are in the market are bigger than ever.