Deal would feed growing appetite for credit as bidders expand beyond their private equity roots
Plus, Deutsche Bank goes on a hiring spree to beef up dealmaking and UBS tries to fix Credit Suisse’s Greensill mess
Lenders are considering their options at Pluralsight, a distressed company owned by private equity firm Vista Equity Partners
Direct lenders are coming under increased competitive pressure
Wall Street bank keen to retain its foothold in one of the fast-growing segments of the asset management industry
BDCs have been criticised as instruments where external sponsors extract high fees and pursue asset growth over vigilant underwriting
Move underlines trend for private equity firms to buy back listed companies
Blackstone’s credit boss on the migration of loans from banks to asset managers
Leading players look to partner with banks rather than be their adversaries
Even the IMF underestimates the industry’s heft, according to JPMorgan
Plus, Raiffeisen Bank touts Russian growth in job ads and an investment banking boost in the US
Castlelake’s aircraft leasing focus fits private capital industry’s interest in asset-backed debts
Plus, readers reply on private credit’s excess returns
The IMF’s latest global financial stability report raises questions about the boom in the investment class
Paul Weightman cut his teeth persuading players to join a breakaway Australian rugby league in the 1990s
Bank’s Petershill Partners unit reaches deal that values investment firm at more than $1bn
Get set . . . go liquefy ageing loans
Rather than going head-to-head, traditional financial bodies have decided to embrace the new world
More than 20 senior executives have defected to a brand new business set up by an Australian property executive
Plus, lawsuits fly after talent raid at Barings and private equity finds a juicy new target
MassMutual arm files for temporary restraining order and preliminary injunction after 20 employees defect
About $10bn of loans have been refinanced in public markets as conditions improve due to rate cuts being on the horizon
Plus, two credit card lenders strike a megamerger and private lending gets another thumbs up from Michael Dell
Family office to provide first outside funding for credit asset manager 5C Investment Partners
Maybe it should be regulated like one? As private credit proliferates, we must think more seriously about its risks
UK Edition
