Robin Blumenthal

Manager will pay a total of $2.07bn for asset-backed loans, and a portion of its unfunded commitments.

A comparison of our first PDI 30 ranking of private debt managers in 2013 with the 2022 PDI 100 list reveals the increasingly global nature of the asset class.

The problems afflicting regional banks have created new openings for private debt firms, as they buy up secondary positions and act as replacement capital.

Moves will see his former co-head Boulanger leave and Small assume responsibility for direct lending in Europe.

The PD 50 Fund aims to provide investors with exposure to a diverse group of 50 of the largest private debt funds and to disrupt the fund of funds model.

Next thing you know, private credit will be bailing out the banking system. Past experience of crises will ‘come in handy’ says one industry professional.

If you’re a large manager with freshly raised capital, you may be poised to prosper. For others, things could be about to get more challenging. PDI examines the landscape for private debt following the recent banking woes.

The Chicago-based firm is targeting $3bn for Fund V, a lower mid-market-focused vehicle.

With the sponsored buyout market facing challenges, non-sponsored dealflow is picking up. But are fund managers able to transition to what some see as a completely different business model?

The liquidity crunch that has claimed SVB as a victim may represent opportunity for investors with an aggressive approach