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Record fundraising in 2025 has left private lenders fighting for deals
Best deals, banks, investors, advisers, law firms and tech providers of 2025
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Rise in loan prices allows sellers to take home profits while optimistic investors look to add equity risk
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Spreads on split triple-A tranches average to 150.5bp
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Rare feature will allow manager to avoid negative 'cash drag' for equity
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Manager boosts 2022 loan opportunities fund by 20% to €500m
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Strong reputation helps the manager place the AAAs at 148bp, investors said
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More competition for paper and return of equity buyers will stop senior debt buyers getting their way so easily