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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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UK construction materials firm looks to repay PPs early via HY market -
Credit fund manager appoints Ross Curran as head of responsible investing
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Direct lenders are shedding mainstream protections but they should look at other options
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Barings has hired Magnus Lilja, SEB's head of leveraged finance for Germany, as a managing director for European private finance in Frankfurt.
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Banks are staffing up to capitalise on fintech opportunities
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Italian companies, accustomed to playing lenders off against each other, are looking for alternatives
