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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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Commission’s proposals could cramp funds’ style, chill secondary trading
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Matthew Kirsch joins credit team led by Nicole Gates
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ESG approaches and definitions vary
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Deals should follow independent industry standards
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Public market volatility opens windows for PPs
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Deal finances Partners' acquisition of Greece's Pharmathen