Private Debt News

Sound Point Capital Management held the final close of its third U.S.-focused lending fund with $1.2 billion, with another $500 million expected to flow in via a separately managed account. Sound Point U.S. Direct Lending Fund III is the firm’s largest direct lending fund to date. The fund pursues the same investment strategy as its […]

Following two years of minimal growth, EY predicts eurozone bank lending will accelerate to 3.1% in 2025 and 4.2% in 2026, despite continued challenges in mortgage and business lending.

Intermediate Capital Group Plc (ICG), the €101bn London-headquartered private equity firm, has secured €15.2bn ($16.8bn) for its latest European direct-lending fund, making it the largest fund of its kind in the region, according to a report by Bloomberg.

Private debt remains the most popular alternative asset class among investors, with half of LPs planning to increase allocations over the next 12 months. LPs’ views of private equity are improving, as they have in real estate and VC (although both are still below 50 in Preqin’s Investor Sentiment Index). But enthusiasm for infrastructure and […]

Park Square Capital, a European private credit specialist, has successfully raised €3.4bn ($3.8bn) for its latest direct-lending fund, European Loan Partners II, which will lend to private equity-owned mid-market businesses across Europe, according to a report by Bloomberg.

US-based alternatives manager Clearlake Capital has acquired MV Credit from Natixis, extending a trend of private capital managers expanding strategy and geographic capabilities through acquisition. Clearlake Capital has raised 14 closed-end private credit funds since its inception in 2006, according to Preqin data, all targeting North America through a special situations strategy, as well as […]

Fortführung der erfolgreichen Senior Direct Lending-Strategie Hoher Grad an Planungssicherheit durch stabile Erträge, gute Risikoabsicherung und frühe laufende Ausschüttungen Lancierung weiterer Private-Debt-Produktinitiativen im Bereich Specialty Lending für das Jahr 2024 geplant.

Martley Capital Group, a real estate investment platform founded by entrepreneur Richard Croft, has arranged for investors to provide £12.9m of mezzanine loans secured by two industrial and social housing assets in Leeds. The two separate loans have been advanced to companies directed by Leeds-based investor and developer Daniel Newett.

Fund managers that specialize in private debt wrapped up 2023 with one of the best performances in the private market, offering another proof point supporting the strategy’s robust fundraising momentum. Global private debt funds registered a rolling one-year IRR of 9.2% for 2023, making it the market’s second-strongest strategy after private equity, which had a […]

HSBC Asset Management (HSBC AM) has expanded its global private credit platform with the addition two new strategies – the Global Transition Infrastructure Debt strategy, and the European Senior Direct Lending strategy.