European transactions have dropped to the lowest number since the covid-19 pandemic broke out, due to a sharp decline in LBO volumes and other difficult market conditions.
Lender-on-lender violence is being seen with increasing frequency as private debt firms show their willingness to be aggressive in stressed scenarios.
Tradable, Victory Park Capital and Spring Labs ally to break down a silo.
Could lower-market strategies offer a more fertile hunting ground for credit managers in an increasingly competitive market? Prime Lead Partners' Viral Patel considers the evidence.
The use of sustainability-linked loans is becoming widespread but pricing and valuation can be complex. John Czapla and Adrian Lowery of VRC consider the issues.
A second survey has backed up an existing one in identifying a declining private debt default rate. The omens for portfolio company performance are promising.
Firm broadens its LP base as its acquisition by TPG nears.
Third asset-based fund exceeds target, nearly doubles the size of its predecessor.
The vehicle, known as GCRED, sees net proceeds of $650m, and attracts 'tremendous interest'.
New York bankruptcy court approves sale of the SVB Securities business for $81m in cash and subordinated debt to Klarman-backed management group.