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Private credit

  • Wednesday, 1 January, 2025
    Lex
    Private credit may end up looking a bit more like a bank Premium content

    As the industry expands, some areas should start to attract regulatory scrutiny

    $100 bills
  • Wednesday, 1 January, 2025
    Companies
    Business trends, risks and companies to watch in 2025

    Will private credit reap benefits from deregulation, can the tech bubble keep inflating and will EV sales start to rise again?

    A collage features a model in a neon green outfit from the Gucci Spring Summer 2025 show, solar panels symbolising renewable energy, the Medline Industries logo, Elon Musk,  Donald Trump and an Xpeng electric vehicle. The number "2025" is prominently displayed in the centre.
  • Monday, 23 December, 2024
    News in-depthHPS Investment Partners LLC
    Why BlackRock is shelling out $12bn for private credit shop HPS

    World’s biggest fund manager seeks to elbow its way into industry dominated by the likes of Apollo and Blackstone

  • Friday, 13 December, 2024
    Affirm Holdings, Inc
    Sixth Street pact hands Affirm firepower for $20bn in new consumer loans

    Private equity group sets up vehicle that will allow US fintech to sharply lift its lending

  • Thursday, 5 December, 2024
    Sovereign wealth funds
    Abu Dhabi’s Mubadala Capital takes large stake in US credit fund

    Deal for $10bn Silver Rock Financial underscores Gulf nation’s ambition to evolve beyond passive investing

    Mubadala Capital chief executive Hani Barhoush
  • Wednesday, 27 November, 2024
    BlackRock Inc
    BlackRock has deal to buy private credit manager HPS

    Transaction for prized lender could cost $12bn and be announced after Thanksgiving holiday

    The BlackRock logo outside its offices in New York City
  • Thursday, 21 November, 2024
    How is private credit weathering its first big rate hiking cycle?

    Not great, Bob

  • Monday, 18 November, 2024
    Insurance
    Outgoing Manulife CEO says more scrutiny of private equity deals ‘welcome’

    Roy Gori says increased oversight would be a way to reinforce confidence in the insurance industry

    Roy Gori
  • Wednesday, 6 November, 2024
    Due Diligence
    Trillion-dollar private credit Fomo Premium content

    Plus, Germany’s major industries are in crisis and police raid private equity group CVC over French football league deal

    The ticker and logo for State Street Corporation on a screen on the floor of the New York Stock Exchange
  • Tuesday, 5 November, 2024
    State Street Corp
    State Street says it is ‘shopping’ for a private credit manager

    Money manager tries to catch up with rivals as investors shift into unlisted assets

    Yie-Hsin Hung
  • Friday, 1 November, 2024
    Ares Management Corporation
    US investment group Ares on course to raise more than $80bn

    Credit-focused fund enjoys fastest pace of fundraising as high yields draw investors to private markets

    Michael Arougheti, Michael Smith and Mitchell Goldstein, the members of the Baltimore Orioles new ownership group, are pictured seated in Orioles jerseys prior to a game against the Los Angeles Angels
  • Friday, 25 October, 2024
    Millennium Management LLC
    Millennium considers launching first new fund in more than three decades

    Fund would invest in less liquid assets including private credit

    Izzy Englander, founder of Millennium Management
  • Thursday, 24 October, 2024
    News in-depthHPS Investment Partners LLC
    How an ex-Goldman banker built a $10bn private credit ‘whale’ — and now may sell it

    After years of preparation, HPS is on the verge of either a deal or an IPO

    Scott Kapnick of HPS, left, and Larry Fink of BlackRock, right
  • Monday, 14 October, 2024
    News in-depth
    Corporate debts mount as credit funds let borrowers defer payments

    Use of payment-in-kind loan terms is growing as companies struggle with heavy leverage and high interest rates

    Blue Owl, Prospect Capital, New Mountain Finance and Ares Management  logos
  • Wednesday, 9 October, 2024
    HPS Investment Partners LLC
    Private lender HPS exploring $10bn sale to bidders including BlackRock

    Firm is also weighing IPO while world’s largest money manager seeks to boost its presence in alternative investments

    Larry Fink
  • Monday, 7 October, 2024
    Business InsightPatrick Jenkins
    Why private credit’s gung-ho growth needs proper monitoring

    A rapid expansion in finance is coming together in an excitable cocktail of risk and opportunity

    Apollo Global Management signage in New York
  • Wednesday, 2 October, 2024
    Due Diligence
    Is Apollo a friend or foe to banks? Premium content

    Plus, how Andrea Orcel covertly built up a stake in Commerzbank and celebrities ditch BDO after ex-employee is accused of fraud

    Marc Rowan
  • Tuesday, 1 October, 2024
    Apollo Global Management LLC
    Apollo plans to double assets by 2029 as it lays down challenge to banks

    Chief Marc Rowan sets targets for private capital group to become one of world’s largest debt underwriters

    Apollo chief Marc Rowan
  • Thursday, 26 September, 2024
    Citigroup Inc
    Citigroup strikes $25bn deal with Apollo to launch private credit venture

    US lender seeks to win back business from asset managers that have targeted traditional banks’ most lucrative clients

    Vis Raghavan
  • Friday, 20 September, 2024
    The dodgy details of private equity’s ‘dividend recaps’

    The impact of leveraged payouts examined

  • Monday, 16 September, 2024
    News in-depthApollo Global Management LLC
    Apollo pushes into high-grade debt business long dominated by banks

    Led by a onetime dealer in death benefit settlements, the leveraged buyout pioneer evolves into a bulge-bracket lender

    Jamshid Ehsani
  • Sunday, 25 August, 2024
    News in-depth
    How Chicken Soup for the Soul entangled a titan of private credit

    A bitter bankruptcy fight is playing out between HPS Investment Partners and the parent company of Redbox

    A montage of the logos of HPS and Redbox and the cover of the book Chicken Soup for the Soul with dollar bills in the background
  • Friday, 23 August, 2024
    Vista and co-investors lose $4bn in Pluralsight restructuring

    Private credit lenders including Blue Owl and Ares take control of software group in deal that values it at about $900mn

    A person wearing headphones is looking at a computer screen displaying the Pluralsight logo, which features a triangular play button icon and the word ‘Pluralsight’ next to it. The screen also shows a section with pink and black blocks. The background is blurry, focusing attention on the monitor
  • Wednesday, 14 August, 2024
    Due Diligence
    Bill Ackman’s ties to the new Starbucks chief Premium content

    Plus, private credit giant HPS gets a huge capital injection and Cargill feels the commodities hangover

    A Starbucks sign on a coffee shop
  • Wednesday, 31 July, 2024
    Ares Management Corporation
    Ares raises record $34bn private credit fund

    Investors pile into private credit, with HPS and Goldman Sachs among those to have raised blockbuster funds

    The downtown skyline of Los Angeles, California
Previous page You are on page 1 Next page

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