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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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South African bank's hiring of Antonio Cravo follows addition of three project finance specialists in 2021 -
Staff exodus prompted BNY Mellon to seek Alcentra sale
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Set of deals aims at cutting accidents, recruiting women in construction
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Many investors ask for whole deals after dearth of transactions
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William Evans joins from infrastructure and energy boutique Elgar Middleton
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Private credit specialist sees sharp growth in direct lending, but questions the efficacy of using IRR figures to judge a fund's performance
