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Fundraising
Thoma Bravo raises $3.6B for senior debt
January 21, 2025The software-focused investor completed fundraising for its third credit fund.Article
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Lending
Fed’s rate cut sparks hope, but PE dealmakers remain wary
September 20, 2024Not everyone is thrilled about the highly anticipated rate cut.Article
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Private Credit
What’s driving PE’s asset growth? These days, it’s credit.
September 11, 2024The seven largest publicly traded PE firms spent a whopping $121 billion on credit in Q2.Article
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SVB
How 4 post-SVB crisis predictions panned out
December 11, 2023If you’re a founder who’s raised venture capital but your business is still pre-revenue, the glory days of securing a mortgage with Silicon Valley Bank or First Republic are over.Article
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Private Credit
Private credit lenders yield some ground as competition increases
December 10, 2023As the competition has accelerated in the last three months, spreads and upfront fees on recently issued private credit loans have narrowed, market sources say.Article
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Lending
AllianceBernstein launches NAV lending initiative
December 4, 2023AllianceBernstein unveiled its new NAV lending business with a $500 million anchor investment from its insurance parent, Equitable Holdings.Article
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Private Credit
How long can the ‘golden age’ of private credit last?
November 21, 2023This is a good time for private credit, but the asset class’s resilience hasn’t been tested during a real downturn. And some allocators are watching with caution.Article
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Private Credit
Lower-mid-market PE shop expands into private credit amid regional bank retreat
October 25, 2023A boutique PE firm recently launched a private credit business to capture rising corporate lending opportunities in the lower middle market.Article
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Middle Market
Reporter’s notebook: M&A dealmakers rely on structured deals to close transactions
August 2, 2023Middle-market private equity firms seeking high-quality assets are facing a crowded playing field as larger GPs hunt downstream amid tight lending conditions.Article
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Lending
PE turns to equity to fund add-ons amid tough debt market
July 24, 2023Private equity firms have modified their buyout playbook to adapt to a tightening credit environment.Article
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Lending
As regional banks avoid risky loans, private lenders see opportunity
July 16, 2023Cash-rich private credit managers may find golden opportunities to invest in the asset-based lending market.Article
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Private Debt
Venture debt deals decline 38%, led by SVB’s core market
July 12, 2023The earliest stages of the startup world have seen the sharpest contraction in venture lending.Article
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Private Credit
HPS’ $10B direct lending fund shows hunger for private debt
June 4, 2023HPS has bagged $10 billion for a new direct lending fund, underscoring investors’ prodigious appetite for the asset class.Article
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Venture Debt
Q&A: Armentum’s John Markell on venture debt post-SVB
May 31, 2023Silicon Valley Bank’s collapse was a contributor to the challenging debt environment, but it was far from the only one.Article
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Lending
Private debt delivers calm waters in storm of volatility
May 18, 2023Private debt funds yielded positive returns in H2 2022, showing resilience in a volatile market.Article
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Lending
Tighter bank lending opens the way for private debt firms
May 8, 2023As banks rein in lending amid liquidity concerns, private debt firms are eager to step in to fill the void.Article
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Regulation
Capitol Hill’s SVB autopsy spotlights risks of tech and ‘nontraditional’ banks
March 30, 2023Congressional hearings have illuminated how SVB’s risky practices didn’t prompt quick action from regulators.Article
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Venture Debt
Nonbank lenders pounce on venture debt market after SVB collapse
March 13, 2023Nonbank lenders are seeing rising demand from venture-backed companies scrambling for new loans.Article
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