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Long seen as adversaries, banks and private credit lenders are getting used to working together
Fahy will also lead asset-based finance origination
Direct lending default rates tick higher amid notable distressed situations
A Swiss borrower has already closed books and Austria's Egger will soon
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Commercial real estate is looking for cheap funding options, but private deals are more feasible -
European manager was founded in 2019 by former KKR execs Ciancimino and Cuart
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Central and eastern Europe-focused manager will invest in secured debt and equity
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Manager hires MD from Allianz two months after closing fifth private debt fund
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Deal shows international issuers coming early to the market
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Czech energy provider closes two promissory notes between December and January
