Debt LPLink News

Australia’s commercial property market is navigating uncertain times, but private credit is emerging as a key alternative for investors. With high inflation and rising interest rates impacting traditional avenues, institutions like Zagga are finding opportunities in credit solutions tailored for a volatile market, offering attractive returns and stable income. Thomas Cranfield | Zagga Group Australia https://lnkd.in/gM3gWqcA #PrivateDebt #PrivateCredit

Apollo Global Management, Inc. highlights a $50 trillion investment opportunity in energy transition, referencing an “industrial renaissance” and billions in capital deployment. Leslie Mapondera, the firm’s co-head of European credit, shared insights into their private credit market strategy and corporate deals during a Bloomberg Intelligence conference in London. Silas Brown and Neil Callanan | Bloomberg https://lnkd.in/e6vK63x8 #PrivateDebt #PrivateCredit

Barings has launched its first European middle market private credit CLO valued at €380m, with S&P and Fitch rating the issuance. The deal is a collaboration between Barings’ Global CLO team and Global Private Finance Group, leveraging over 25 and 30 years of expertise, respectively. BNP Paribas served as the arranger, with Dechert LLP advising. Private Equity Wire https://lnkd.in/eC8ev_3k #PrivateDebt #PrivateCredit

Veritas Capital is exploring a reduction in its stake in a private loan used to finance Thoma Bravo's buyout of Medallia, highlighting evolving approaches in the $1.6 trillion private credit market. Key players such as Blackstone, Apollo Global Management, Inc., and Antares Capital LP are involved in marking the Medallia loan at close to face value, reflecting minimal distress. Jill R. Shah, Ellen Rose Schneider, and Davide Scigliuzzo | Bloomberg https://lnkd.in/engT6EB5 #PrivateDebt #PrivateCredit

Aviva Investors has introduced the Multi-Sector Private Debt LTAF, a £750 million private debt fund aimed at diversifying returns for DC pension schemes and institutional investors. With this launch, the firm strengthens its position as the largest LTAF provider in the UK, offering solutions across private markets. Daniel McHugh and Maiyuresh Rajah provide insights into the fund's role in meeting investment and retirement needs. Aviva Investors https://lnkd.in/eHHCe8ez #PrivateDebt #PrivateCredit

BlackRock, the world's largest asset manager, is reportedly in a $12 billion deal to acquire HPS Investment Partners, LLC, one of the leading private credit firms. This move aligns with BlackRock's strategy to expand its footprint in alternative investments, following its recent acquisition of Global Infrastructure Partners (GIP). Eric Platt, Brooke Masters, Harriet Agnew, and Arash Massoudi | Financial Times https://lnkd.in/gtW9TGEH #PrivateDebt #PrivateCredit

The Chicago Teachers' Pension Fund has approved a $400m private credit portfolio structure, allocating funds into direct lending, specialty finance, opportunistic strategies, and niche opportunities. The portfolio is set to feature both closed-end drawdown funds and evergreen strategies, with expected returns of 8-10%. Callan, Jefferies Credit Partners, Oak Hill Advisors, L.P., and others are key players in this initiative. Selin Bucak | Alternative Credit Investor https://lnkd.in/eHFxFeb5 #PrivateDebt #PrivateCredit

Tia Malhotra, Managing Director at Golub Capital, shared insights on private credit strategies and market resilience at the SuperReturn Private Credit US event. Golub Capital's approach to navigating economic uncertainty and identifying opportunities in resilient sectors offers key takeaways for investors. Aysha A. | Informa Connect https://lnkd.in/eqKEf-wR #PrivateDebt #PrivateCredit

Idle (idle.finance) has partnered with Fasanara Capital to launch the first on-chain Credit Vault, bringing private credit into DeFi. This initiative leverages advanced strategies such as delta-neutral yield generation while offering enhanced transparency and scalability for liquidity providers through innovative platforms like Keyring and Glassnode. Alessandro Balata and Matteo Pandolfi highlight the potential to democratize credit facilities and create a highly liquid marketplace for credit. Medium https://lnkd.in/eCQUVxbg #PrivateDebt #PrivateCredit

Private credit firms are expected to ramp up their focus on asset-backed deals in 2025, supported by a mix of favorable economic and strategic factors. This shift offers new opportunities for both borrowers and lenders within the private debt market. Vishesh Raisinghani | Mergers and Acquisitions - themiddlemarket.com https://lnkd.in/eE8QW-id #PrivateDebt #PrivateCredit