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Direct lenders take the initiative as banks step back
In recent weeks, private credit and direct lenders have brought more certainty to borrowers as capital markets were roiled by tariff chaos
Banks already working on deals in the industrials and chemicals sectors
As Ares raises the largest direct lending fund, Goldman Sachs reorganises to serve the trend
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New structure comes with a €200m privately placed second lien -
Percentage of respondents with more than 10% of their portfolio in alternatives has rocketed
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Finances drug company's buyout by Carlyle and PAI Partners
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Credit manager has been expanding this year
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Large amount of 'super-senior' debt could lead to lower recovery rate
