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Trade was oversubscribed in under 20 minutes
In highly concentrated book, top 20 investors take 90%
The relaunched IPO was cancelled after leads attempted to reduce the transaction to around €300m
Relief that the first European IPO after summer has grown in the aftermarket, though not without large concessions
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Lenders are slowly beginning to claw back some safeguards, but many doubt they will get far -
The private credit manager hired FIBR's Oren Bass to head origination for the vehicle
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Valuation disagreements are expected to hold up M&A throughout the first half of the year
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Manager hires MD from Allianz two months after closing fifth private debt fund
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New recruit Hay left his role at Abrdn three months ago after more than 20 years with the firm
