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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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Hires from JP Morgan and UBS will support expansion agenda -
Weis joins CVC after almost eight years at Lincoln
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Two loans already signed by partnership as private credit warms to residential real estate
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Mainstream direct lenders have begun to educate themselves on the instrument
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Asset likely to attract bigger sponsors
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German market's stability attracts issuer for debut deal aimed at new investors
