John Bakie
The past two years have been turbulent for real estate debt fundraising.
The French firm beat its €750 million target in nine months and has already begun deploying capital.
The deal will give Hayfin a footprint in the US market and provide CLO specialist Kingsland with a capital partner for new issuance.
Aircraft debt arm will provide senior, mezzanine and unitranche aviation finance.
UK and US fund managers are dominant forces in European private debt but Brexit may shift the balance of power.
FS Investments has struck new deals to advise its BDCs while GSO goes its own way with a new direct lending proposition.
A newly created role will help the firm explore opportunities in asset-backed lending.
The firm’s inaugural credit fund will target underserved parts of the UK’s small and medium-sized business community.
The small business specialist says global demand for UK private debt remains strong.
A shift towards senior debt could indicate that the credit cycle is turning.