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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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Deal finances Partners' acquisition of Greece's Pharmathen -
Hires from JP Morgan and UBS will support expansion agenda
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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
