Debt
Amundi holds final close on €665m for private debt fund
Marketing materials for the fund, circulated in March 2017, mentioned a target of €700m
Kartesia closes latest fund on €870m hard-cap
Alternative lender says it was on the road for nine months, raising €360m more than for Fund III
Aurelius opens private debt business
Firm will target European companies and provide funding across the capital structure
Italian borrowers open up to private debt
Alternative lending is gaining momentum in Italy, with the leveraged finance market more lender-friendly than in neighbouring mature markets
Bridgepoint makes new hire for nascent credit project
Michael Lucas joins from the leveraged finance and sponsor coverage team at ING
Maven appointed to manage £90m MEIF debt funds
GP will oversee deployments of £100,000-1.5m for SMEs in West Midlands, East Midlands and the area to the immediate south
GP Profile: Beechbrook Capital
Specialist lender is currently raising its third fund for sponsor-backed SMEs, with a target of €200-250m
BlueBay closes €3bn senior loan fund
Fund is BlueBay Asset Management's third generation of private debt vehicle
Hayfin raises €2.2bn for special opportunities
Credit specialist will take part in rescue financings and debt restructurings
Permira raises €1.7bn for third debt fund at final close
Including leverage, total deployable capital amounts to €2.1bn
Hamilton Lane closes credit fund on $435m
Annual credit-focused vehicle exceeds its initial target of $250m
Permira Debt Managers set to close third direct lending fund
With the end of its latest fundraise in sight, the credit specialist is in full deployment mode
Muzinich holds €180m first close for private debt fund
Fund will lend to lower-mid-market firms across a range of industries
Beechbrook backs Plan.com and Infomedia
Investor provided a unitranche loan to finance the buyout of a minority shareholder in Infomedia
Golding holds €331m first close for private debt fund
Fund has raised more than half of its €600m target after five months of fundraising
Credit funds eye opportunity in ECB limits on bank leverage
Draft guidelines from the European Central Bank propose a suggested ceiling of 6x EBITDA for leveraged buyouts
Alcentra, Hayfin close two multi-billion direct lending funds
Two credit specialists both close a second mid-market debt fund
BC launches credit arm to be led by Apollo's Goldthorpe
Firm has also appointed Wingspan's Ederer and Stonerise's Wang to the new credit team
Beechbrook closes UK SME fund on £150m
Alternative debt provider will also open an office in Manchester in the first half of 2017
Italy’s restructuring deals turning debt market around
The country is still suffering from a legacy of sub-performing loans, though new regulation should allow credit funds to emerge
Siparex closes Intermezzo mezzanine fund on €100m
Fund has hit its target after a year and a half on the road
BNP Paribas closes €500m debt fund
Fund will finance European SMEs through a mix of bank lending and fund financing
Permira holds final close for latest CLO fund on €275m
New vehicle is the first CLO-dedicated fund raised by the firm in four years
Pemberton launches £500m UK direct lending fund
New vehicle has received the backing of two LPs including Legal & General