Private Debt News

Private debt continued to attract robust inflows from institutional investors in the first half of 2023 with the North American market strengthening its dominance, data provider Pitchbook said in a report released on Tuesday. Activity holding up is good news for the private credit industry, which flourished after the 2008 financial crisis as capital-constrained banks […]

Wells Fargo (WFC.N) is teaming up with private equity firm Centerbridge Partners to launch a fund with a capacity to lend more than $5 billion to North American middle-market companies, the groups said on Tuesday. The move highlights the increasing intertwining of private capital providers and traditional banks in offering credit to companies and consumers […]

Mezzanine-Finanzierer stehen in der Immobilienwirtschaft vor unerwarteten Herausforderungen, wie Moritz Kraneis von Deutsche Zinshaus mit seinem Expertenbeitrag erläutert.

The fund is expected to launch by the first quarter of 2024 Move comes as others including HPS, Ares are also fundraising

Die Landesbank Hessen-Thüringen (Helaba) hat die Debt-Fonds-Plattform “HLB Private Markets” gestartet. Großer Investor des ersten Fonds ist ein institutioneller Investor aus Kanada. Weitere Fonds mit einem Zielvolumen von 200 bis 500 Millionen Euro sollen folgen.

Mezzanine lender protections There are a number of specific protections for mezzanine creditors participating in these structures, which include: Board observer rights. Mezzanine lenders often seek to obtain enhanced monitoring and management rights, such as the right to appoint a non-voting observer to the board at the level of the Parent company or Bidco. Enhanced […]

Borrowers that financed cheaply in 2021 will soon hit a maturity wall. Many will struggle to refinance at higher cost. Some will default. Private credit managers – still magnets for institutional capital – are set to step in and bridge some of the financing gap left by the banks.

The Goodwin Paris Private Investment Funds team advised Cerea Partners, the investor-partner of the food & beverage universe companies, on the fundraising of Cerea Mezzanine IV, for a total amount of €300 million. At €300 million, the Cerea Mezzanine IV fund exceeds its predecessor by 50%, confirming investor interest in the 4th vintage of Cerea […]

Die Deutsche Beteiligungs AG (DBAG) macht künftig gemeinsame Sache mit dem Debt-Fonds ELF Capital, um künftig auch Private-Debt-Lösungen anbieten zu können. Was steckt hinter dem Projekt?

The perpetural vehicle will invest mainly in European senior secured loans in the middle market.

DB Investment Partners heißt der neu gegründete Private-Debt-Partner der Deutschen Bank. Auch in Deutschland sollen Produkte angeboten werden. Diese sind institutionellen Anlegern und Family Offices vorbehalten – also nicht für vermögende Privatpersonen. Die Mindestanlage soll je nach Produkt zwischen 3 und 5 Millionen liegen.

Emvia, Polo, Sausalitos, Unzer: Zuletzt sind zahlreiche Private-Equity-Beteiligungen in die Hände von Debt-Fonds gewandert, weitere Fälle dürften folgen. Warum lassen es die Finanzinvestoren so weit kommen?

Die Zinswende hat Debt Funds unmittelbar höhere Renditen beschert. Doch auch die Ausfallraten dürften künftig steigen, sagen Experten auf einer Branchenkonferenz.

French lender Societe Generale SOGN.PA and asset manager Brookfield Corp BN.TO plan to launch a private debt fund targeting total volume of 10 billion euros ($10.73 billion) over the next four years, they announced on Monday. Initial seed funding, which will be directed towards the power, transportation and finance sectors among others, amounts to 2.5 […]