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The era of pure-play private equity is over. Banks are pulling different divisions together to serve the complex needs of global asset managers
Specialist moves after 18 years in the market
New dangers are making deals harder to do, but pricing for the haves is still tight
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Progress seen in both markets but it remains gradual -
Portfolio managers overwhelmingly expect spreads to widen
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The deal could raise €600m in total, sources say
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Financial Conduct Authority announces intentions to publish a synthetic dollar Libor rate for an additional 15 months
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Private and public credit providers will need to co-operate if they want to support an M&A revival
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Investors attracted by relative value versus loans but are not blind to risk
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