https://pitchbook.com/tag/lenders lenders en-US Wed, 11 Sep 2024 22:22:56 GMT https://pitchbook.com/news/articles/whats-driving-pes-asset-growth-these-days-its-credit The seven largest publicly traded PE firms spent a whopping $121.1 billion on credit in Q2. Wed, 11 Sep 2024 22:22:56 GMT https://pitchbook.com/news/articles/whats-driving-pes-asset-growth-these-days-its-credit https://pitchbook.com/news/articles/ares-grabs-bank-assets-to-expand-in-asset-based-credit-market Ares taps talent from a Florida regional bank to expand in asset-based financing Tue, 05 Mar 2024 01:08:31 GMT https://pitchbook.com/news/articles/ares-grabs-bank-assets-to-expand-in-asset-based-credit-market https://pitchbook.com/news/articles/charlesbank-middle-market-distressed-debt-pe A growing swath of troubled corporate borrowers that need to restructure their liabilities may create opportunities for investors that specialize in distressed debt, says the head of credit at Charlesbank Capital Partners. Wed, 21 Feb 2024 23:50:37 GMT https://pitchbook.com/news/articles/charlesbank-middle-market-distressed-debt-pe https://pitchbook.com/news/articles/fund-financing-pe-vc-lenders-fintech-bridge We discussed subscription lines with Andrew Frazer Smith, the founder of Bridge, an online marketplace for fund financing that connects borrowers and lenders. Fri, 16 Feb 2024 21:44:46 GMT https://pitchbook.com/news/articles/fund-financing-pe-vc-lenders-fintech-bridge https://pitchbook.com/news/articles/distressed-debt-fund-performance-returns-2024 Distressed debt funds had a period of lackluster performance in recent years. But some managers expect the tide to turn soon, helped by a daunting maturity wall. Fri, 27 Oct 2023 00:00:00 GMT https://pitchbook.com/news/articles/distressed-debt-fund-performance-returns-2024 https://pitchbook.com/news/articles/private-debt-most-active-lenders-middle-market-pe Our ranking sheds light on who is taking the lead in debt financing for PE-backed companies in the middle market. Wed, 27 Sep 2023 00:00:00 GMT https://pitchbook.com/news/articles/private-debt-most-active-lenders-middle-market-pe https://pitchbook.com/news/articles/private-equity-capital-call-subscription-lines-more-expensive Higher interest rates have made capital call credit lines more expensive, prompting GPs to exercise greater discretion when utilizing these facilities. Wed, 20 Sep 2023 00:00:00 GMT https://pitchbook.com/news/articles/private-equity-capital-call-subscription-lines-more-expensive https://pitchbook.com/news/articles/hsbc-bank-venture-debt-vs-private-fund-loans Private venture debt funds took market share from banks after the SVB crisis, but their dominance could prove to be temporary. Fri, 04 Aug 2023 00:00:00 GMT https://pitchbook.com/news/articles/hsbc-bank-venture-debt-vs-private-fund-loans https://pitchbook.com/news/articles/first-citizens-earnings-svb-startups-lending-venture-debt Around 1,500 clients that fled Silicon Valley Bank, now owned by First Citizens Bank, during the March bank run have returned at least a portion of their funds. Thu, 03 Aug 2023 00:00:00 GMT https://pitchbook.com/news/articles/first-citizens-earnings-svb-startups-lending-venture-debt https://pitchbook.com/news/articles/gtcr-worldpay-majority-acquisition-fis-debt GTCR has agreed to acquire a 55% stake in FIS' payment-processing unit Worldpay in a deal that values the business at $18.5 billion. Fri, 07 Jul 2023 00:00:00 GMT https://pitchbook.com/news/articles/gtcr-worldpay-majority-acquisition-fis-debt https://pitchbook.com/news/articles/business-development-companies-bdcs-venture-lending-earnings-2023-q1 Five venture debt business development companies, or BDCs, posted solid earnings in Q1 2023 due to higher base rates and favorable pricing trends, but a volatile market still poses risks to lenders. Thu, 01 Jun 2023 00:00:00 GMT https://pitchbook.com/news/articles/business-development-companies-bdcs-venture-lending-earnings-2023-q1 https://pitchbook.com/news/articles/loan-officer-survey-private-credit-q1-2023 As banks rein in lending amid liquidity concerns, private debt firms are eager to step in to fill the void. Tue, 09 May 2023 00:00:00 GMT https://pitchbook.com/news/articles/loan-officer-survey-private-credit-q1-2023 https://pitchbook.com/news/articles/pe-backed-neiman-marcus-in-legal-stand-off-with-lender-after-receiving-financial-lifeline Neiman Marcus has been granted more time to pay back its loans and execute a turnaround plan. But one lender isn't pleased. Mon, 04 Mar 2019 00:00:00 GMT https://pitchbook.com/news/articles/pe-backed-neiman-marcus-in-legal-stand-off-with-lender-after-receiving-financial-lifeline