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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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Firm responds to clients’ growing demand for private assets
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Peri and Greiner link deals to their sustainability credentials
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Near-record issuance has not been driven by strong demand from core investors
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Inflationary pressure could spark more mergers in the sector
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New investment adviser will raise further funds
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Facility allows Nagarro to add sustainability terms later