Private Debt News

Fidelity International gibt sein Direct-Lending-Geschäft auf, bevor es überhaupt erst richtig startet. Für das 20-köpfige Team ist die strategische Kehrtwende eine Katastrophe. Doch Fidelity ist nicht der einzige Assetmanager, der einen Rückzieher macht.

New York-based banking giant JPMorgan Chase & Co is actively seeking to acquire a private credit firm to strengthen its private capital operations within its $3.6tn asset management division, according to a report by Bloomberg.

London private equity firm launches first fund in two-year-old opportunistic debt strategy.

London-based private equity giant Hg has agreed to acquire AuditBoard, a cloud-based platform for audit, risk, compliance and ESG management, in a transaction valued at over $3bn including debt.

Der Asset Manager hat beschlossen, sich stärker auf den niederländischen Heimatmarkt zu konzentrieren. In einer Stellungnahme erklärt der Asset Manager gegenüber Citywire Deutschland, dass sich das Unternehmen auf den niederländischen Heimatmarkt konzentrieren möchte. „In Zukunft wird das bestehende niederländische Private Debt-Geschäft die Grundlage für neue organische Private Debt-Initiativen bilden“, heißt es auf Anfrage.

The private credit market can be expected to double in growth over the next five years, according to Michael Arougheti, Co-Founder, CEO and President at $429bn global alternative investment manager Ares Management.

The private credit market can be expected to double in growth over the next five years, according to Michael Arougheti, Co-Founder, CEO and President at $429bn global alternative investment manager Ares Management.

Secondary market transactions, often referred to as “secondaries,” involve the trading of existing investment fund shares. These shares offer intriguing opportunities for investors to enhance their portfolio returns.

Das in Kreditfonds investierte Volumen steigt seit Jahren. Die Fonds könnten einen Beitrag zur Finanzierung der Transformation leisten, denn die ist allein mit Bankkrediten kaum zu stemmen.

Fidelity International has abandoned its direct lending strategy in Europe, less than a year after announcing the launch of its European Direct Lending Fund, according to market sources. The company has disbanded the team it hired to build the strategy, sources said. “Following a strategic review, Fidelity has decided not to proceed with manufacturing proprietary […]

Blackstone’s credit unit is planning to sell around $450m of loans at a discount, as it looks to provide liquidity to investors in an older fund, according to a report by Bloomberg citing unnamed people with knowledge of the mater.

Interest in direct lending has exploded over the past few years. But with increasing pressures from traditional players and an uncertain macro environment, this episode asks; can private credit weather the storm?