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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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Private credit specialist sees sharp growth in direct lending, but questions the efficacy of using IRR figures to judge a fund's performance -
The headcount of the practice, established in 2017, has tripled in the past few months
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US president Joe Biden's bipartisan infrastructure bill is good news for the muni bond market, but renewable energy financiers want more
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More investors self-originating deals may destroy the benefits of bilaterals
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Wealth management platform FNZ raises £1.5bn of private credit with four direct lenders
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£300m facility will be linked to sustainability and gender diversity targets for the first time
