Nexus Capital Management and Aranda Principal Strategies (APS) are set to acquire minority ownership stakes in private credit-focused asset manager Post Advisory Group, which specialises in collateralised loan obligations (CLOs), structured credit products and leveraged loans. As part of the deal, Principal Asset Management and Nippon Life Insurance Company will exit their ownership positions, Post […]
Corporate direct lending presents a compelling case for inclusion in defined contribution default funds, write James Staunton, head of structured finance Frankfurt at Berenberg, and Phoebe Nguyen, head of UK asset management sales at Berenberg The UK’s defined contribution (DC) pensions landscape is undergoing a significant transformation. The recently-introduced Pension Schemes Bill 2025 marks a […]
True North Advisors, a registered investment advisor (RIA) based in Dallas, has hired Jeff Welday as chief development officer to lead the ongoing development and expansion of its alternatives and private markets platform. Western Alternatives Strategies is a private markets platform for RIAs and high-net-worth individuals. It currently oversees $1.7bn (around £1.3bn) in assets under […]
Pantheon’s private credit duo expects insurance companies to fuel further growth for the business, after closing a $5.2bn (£3.9bn) senior debt strategy earlier this year with a sizeable chunk of capital from this client segment. “We are spending a lot of time addressing investor demand from the insurance side, and that’s an area where clients […]
Private credit platform Avana has announced its expansion into India after getting regulatory approval. The firm said it has opened a regional office in Pune, India and plans to launch direct commercial lending operations to micro, small and medium enterprises (MSMEs) in India within the next six months. Read more: Avana CEO: private credit ‘powerful […]
UK alternative finance provider Reward Funding has hit £350m lending for the first time since its inception 15 years ago. The business backed over £1.45bn so far, with deals and funding options continuing to expand nationwide. Since its last landmark, Reward has added 15 new team members and backed 625 clients in total. Read more: Reward Funding appoints business […]
Almost half of US savers with 401k, 403b or 457 workplace retirement savings plans say they would invest in private debt and private equity if their plan provided access to these assets, new data shows. Schroders’ 2025 US Retirement Survey found 45 per cent of investors in these plans would now invest in private assets […]
Hayfin Capital Management has appointed Marco Ferrari as a managing director in its private credit team. Ferrari will be based in Hayfin’s Stockholm office. He was previously managing director at Nordea where he focused on the origination and execution of leveraged loan and high-yield financings in the Nordic region. Read more: Bain Capital’s private credit […]
Denver-based alternative asset manager Bow River Capital has bought the asset-based financing business of Park Cities Asset Management (AM), an asset manager focused on providing capital solutions to the lower middle market. The acquisition expands Bow River’s capabilities in private credit with the addition of a 12-person team and a strategy focused on originating privately-negotiated, […]
Direct lending has exploded in recent years, boosting competition and putting pressure on pricing. Who will thrive and who will fall by the wayside in this increasingly competitive market? Jon Yarker reports… The growth of private credit has been largely driven by direct lending’s ability to replace bank debt, having grown substantially over the past […]
Private credit is “catching on in New Zealand” and is emerging as an established alternative to traditional bank lending for borrowers in the country, according to a private credit fund manager. Nick Whitwell, from private credit manager Aotea Asset Management, said private credit has been a feature of the New Zealand property market for many […]
Trading platform Moomoo has agreed a partnership with Barings in which it will offer one Barings’ private credit funds to its high-net-worth customers. Read more: Bain Capital’s private credit group invests $3bn in H1 The tie-up will enable Moomoo Private Wealth clients to access the private credit strategy with a reduced minimum investment of $50,000 […]
BlackRock paused fundraising for its latest Asian private credit strategy earlier this year, according to a report by Bloomberg. Read more: Pollen Street acquires majority stake in Leonard Curtis Bloomberg said people familiar with the matter said fundraising for the firm’s third Asia-Pacific private credit fund came to a standstill earlier in 2025 following the […]
Institutional investors across the world are looking to European private debt as a way of “rebalancing away from North America,” according to private credit investment firm Muzinich & Co. In a new report, the firm said that “interest from international investors in European private debt continues to grow, particularly from Asia and the Middle East”. […]
Alternative asset manager Pollen Street has acquired a majority stake in corporate restructuring provider Leonard Curtis, supported by private credit investor TDC. Leonard Curtis will continue to be led by current chief executive Dan Booth and Pollen Street’s investment will speed up growth across the platform through product expansion, technology and mergers and acquisitions, the […]