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Global investors are turning to European private credit
Record fundraising in 2025 has left private lenders fighting for deals
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ELFA jointly authors report with Akin Gump
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Pictet latest private bank to move into direct lending
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Diversification ranked high in LP priorities at conference
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Rising costs could lead to ratings downgrades
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More diverse and more ESG-linked offerings, managers say
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Original loan of €132.5m likely to be converted into equity