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Record fundraising in 2025 has left private lenders fighting for deals
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
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HSBC Private Wealth, Julius Bär, Lombard Odier and Pictet Group look to move into the asset class -
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
