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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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Modha had been with Barclays for more than 10 years, including a stint in the CEO's office
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Australasian bank had been participating in the market through a joint venture with JP Morgan
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German airport operator Fraport launched a Schuldschein transaction on Monday, as Covid-hit industries begin to return to market
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The former DCM and infrastructure banker had been with Lloyds for 12 years
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With heavy financial firepower, private credit funds want to take advantage of the LBO pipeline
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Debt fund manager adds one in liquid credit and loses one in private debt