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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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Private lenders have seized their chance -
Buy-side firm allocates capital to private credit managers across a range of strategies
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At least 14 lenders join to make £3.5bn of loans
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Development continues the trend of direct lenders staffing up in Germany
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Default rate of 10.3% predicted in the US
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