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Even leveraged deals still being underwritten, though banks are selective
Liquidity event at American manager comes at fraught time for industry
Major sectors in leveraged loans are trading down, making shrewd credit selection vital
Deal could include $950m of bonds
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iCapital enables high-net-worth individuals to invest in private markets
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Outlook remains uncertain for market dogged by volatility
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Appointment follows the departure of Robb McGregor
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Admissions have been below expectations
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Deal finances January buyout by infra fund
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Direct lending group will focus on private equity clients