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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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Fidelity International continues expansion into private debt after 2021 acquisition
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Firm closed its second vehicle on €800m in January and recently added to its team
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CEO Winkelried tells investors inorganic growth is a priority and says firm is actively focused on credit
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Sustainability-linked structures are under pressure across asset classes
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Double-B companies price TLBs at widely different spreads
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Lenders are slowly beginning to claw back some safeguards, but many doubt they will get far
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