Debt
Hayfin exceeds EUR 6bn target for fourth direct lending fund
Firm expects to raise EUR 7bn by year-end as it gears up to meet growing private credit demand in Europe
Morgan Stanley nears EUR 1.6bn-plus first close for maiden European direct lending fund
Investment manager started marketing fund to LPs last year; expects to raise in excess of EUR 3bn
Arcmont eyes up to EUR 10bn in new money for European direct lending strategy
Fresh fundraise would be a significant step up from its previous EUR 6bn European direct lending fund
Eurazeo co-CEOs seek to reassure market following key departures
Listed GP is also considering options for its stake in Spanish PE platform MCH, it said in its latest results
HSBC expects dealflow uptick and higher returns with second direct lending vintage
Second vintage expects to build on USD 580m in current commitments, with first deal expected in July
HSBC raises USD 580m-plus for second UK direct lending vintage
Strategy makes senior secured loans to mid-market private equity backed companies
BlackRock buys growth and venture debt provider Kreos
Global asset manager plans to broaden Global Credit business with fresh acquisition
Polestar Capital to raise up to EUR 500m for new e-mobility investment strategy
Dutch GP plans to close new vehicle in mid-2024 as Circular Debt fundraising continues
Palatine launches growth credit strategy for UK's underserved regions
New fund will aim to support VC-backed companiesт growth while extending their cash runway, Will Chappel told Unquote
CVC Credit targets EUR 7bn for new European direct lending fund
Fresh fundraise follows the EUR 6.3bn final close for the strategy's predecessor vehicle in December 2022
Alcentra revives direct lending push with multi-billion fundraising drive
Direct lender registered its fourth European fund in Luxembourg in January 2021
GP Profile: Metric Capital confident of structured capital strategy demand with multiple exits in pipeline
UK-based sponsor banks on appeal of its strategy as an alternative to private equity and debt providers
Hayfin markets USD 500m healthcare-focused private credit fund
New vehicle could back investments such as ARR-based direct loans to high growth businesses
GP Profile: Soho Square pushes 'dequity' model in UK, eyes dealflow uptick
London-based sponsor has around GBP 100m left to deploy for nascent model that invests debt but behaves like private equity
Carlyle private equity fundraising slumps behind peers
Sponsor remains on the road for its eighth flagship fund amid turmoil at CEO-level, with fundraising lagging behind peers KKR and EQT
Accession Capital Partners aims for autumn 2023 final close for Fund V
Sponsor has held a EUR 150m first close for its latest fund and will back Central European businesses with flexible capital
Clessidra on track for 2023 final close for debut private debt fund
GP has raised EUR 150m for the vehicle against a EUR 250m target, with one third already deployed
Santander's Tresmares launches in UK with GBP 725m fund
GP has hired ICG's Philippe Arbour to lead evergreen fund that offers products including direct lending
Ardian closes new credit fund on EUR 5bn amid "ongoing bank retrenchment"
Managing director Mark Brenke tells Unquote the firm sees strong opportunities with expanding role of direct lending in Europe
Hambro Perks holds first close for debut venture debt fund
B2B software and patented hardware-focused fund is more than halfway towards its GBP 100m target
17Capital gears up for Fund 6
GP raised USD 2.9bn for its previous dedicated NAV-based preferred equity vehicle in 2021
Nuveen buys Arcmont, forming Nuveen Private Capital
Minority investor Dyal Capital exits stake, deal comes amid a buoyant private lending market
Three Hills holds EUR 1bn final close for THCS IV
Preferred capital vehicle almost double the size of predecessor; plans to provide larger maximum tickets
Fidelity markets EUR 1bn-plus debut direct lending fund
Asset manager is in discussions with prospective LPs for vehicle registered in December