The firm closed $166m of deals, for nearly 2,000 units, in Q4 2023.
Barclays sells $1.1bn in credit card debt to Blackstone’s asset-based finance group in latest deal to reduce risk assets.
Mubadala will hold the majority of subordinated notes in the $400m mid-market CLO.
Earnings report beats analyst expectations, with credit fund performance lining up with other asset classes.
Alex Griffith and Natalia Quiroga Porkhoun take a look at some of the similarities and differences between holdo financing in the UK and US.
Returns holding up: Direct lending index beating comparators
It’s a rewarding time to be invested in private debt, but no one should get too carried away by the hype around the asset class.
The seventh vintage of the manager’s direct lending fund raises C$350m and targets high-quality, mid-market Canadian businesses.
Hedging was arguably under-utilised in the run up to the ‘higher for longer’ rate environment
In a podcast published this week, a leading covenant expert and lender representative insisted private debt has no room for complacency when it comes to fair documentation.
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