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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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Fundraising continues for ESG and impact strategies as EU introduces more stringent regulations -
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Firm is targeting €500m and looking to hold a final close in early 2024
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Firms recruit specialists from Alcentra, WhiteStar and Eurazeo
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Market has resumed in 2023 at wider spreads
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Bel inaugurates 2023's market with €315m-equivalent deal
