Hong Kong-based private lender Flow Capital Partners (FCP) has launched a $125m Asia-focused credit fund, marking a strategic expansion beyond its initial China and Hong Kong remit, according to a report by Bloomberg citing unnamed sources familiar with the matter.
Apollo Global Management is leading a £600m private debt financing package to support Bridgepoint’s acquisition of UK dental group Mydentist, according to a report by Bloomberg citing sources familiar with the matter.
Global private credit giants are increasingly turning to Asia-Pacific as a key growth frontier, driven by widening funding gaps, evolving capital markets, and the retreat of traditional bank lending, according to a report by CNBC citing data from PitchBook.
The Ministry for Trade and Industry and Enterprise Singapore in March introduced the US$1 billion Private Credit Growth Fund, which aims to provide non-dilutive customised financing for high-growth local enterprises, according to a statement then. It will announce more details about the fund by the third quarter, the statement said.
Man Group, the world’s largest listed hedge fund firm, is to acquire Bardin Hill, a New York-based private credit manager with approximately $3bn in AUM, in a move that strengthens the firm’s growing presence in the US and its alternative credit platform.
Der private Credit-Markt ist in den vergangenen Jahren stark gewachsen. Jonathan Butler, Leiter European Leveraged Finance bei PGIM Fixed Income, erläutert im Interview, welche Vorteile er institutionellen Investoren bietet und welche Bereiche besonders attraktiv sind.
Slowing distributions in private equity are pushing the stealthily wealthy elite to look deeper into the alternative credit space.
Finanzierungsstruktur. Viele Mezzanine-Engagements haben Bereinigungsbedarf. Das hat allerdings vor allem mit einem falschen Risikoverständnis am Ende des abgelaufenen Zyklus zu tun. Neue Mezzanine-Kredite sind durchaus wieder möglich, sofern sich alle einig sind, das Projekt einigermaßen fortgeschritten ist – und der Sponsor das nötige Eigenkapital mitbringt.
Wall Street banks including JPMorgan Chase and UBS have begun pitching a $4.25bn debt financing package to investors to support private equity firm Sycamore Partners’ buyout of UK pharmacy chain Boots, according to a report by Bloomberg.
BlackRock hat die Übernahme von HPS Investment Partners abgeschlossen und damit eine neue Plattform für Private Credit unter dem Namen Private Financing Solutions (PFS) mit einem verwalteten Vermögen von 190 Milliarden US-Dollar geschaffen. Ziel ist es, flexiblere Kreditlösungen über öffentliche und private Märkte hinweg anzubieten.
Coller Capital has closed its latest private credit secondaries fund at $6.8bn in capital commitments, marking the largest capital raise to date for its credit platform and reinforcing its position as a dominant force in the secondaries space.
Blackstone is considering launching a dedicated private credit secondaries strategy, marking a potential expansion of its presence in one of the fastest-growing corners of the alternatives market, according to a report by Bloomberg citing unnamed sources familiar with the matter.
In den vergangenen Jahren hat sich Private Debt weltweit dynamisch entwickelt. Trotz des eindrucksvollen Wachstums bleibt die Anlageklasse bei privaten Anlegern oft unbeachtet. Doch was unterscheidet Private Debt von klassischen Krediten – und warum sollte man dieser Anlageklasse mehr Beachtung schenken?
Seit der Finanzkrise 2008 ist das Wachstum von Privatkrediten geprägt und zieht Anleger an, die stetige Renditen, attraktive Spreads und Flexibilität suchen. Seine Widerstandsfähigkeit gegenüber Turbulenzen an den Aktienmärkten trägt zu seiner Attraktivität bei, aber Anleger sollten ein wesentliches Risiko beachten: Vielen neueren Private-Credit-Managern fehlt es an Erfahrung im Umgang mit den heutigen komplexen Bedingungen.
TOP STORY: Hedge funds including Millennium Management, Point72 and Third Point, are ramping up their push into private credit, eager to capitalise on a booming market and diversify their businesses beyond liquid trading strategies, according to a report by the Financial Times.
