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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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Various strategies will be offered via platform aimed at HNWI investors -
Direct lender raises cash to pursue larger deals
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Documentation changed in investors' favour after delays and yield rise
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Annual supply to halve as recession risks loom large
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