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Upper mid-market firms eschew ‘exciting’ stories as cracks emerge in European private credit
Pharmaceuticals and energy transition also ripe sectors for M&A
Borrowers moving between the two markets create opportunities for both
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Manager closed $1.4bn debut fund in early 2022 and was anticipating full deployment by year-end
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New recruit left Ares in October and will work out of firm's London office
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Stefan Scherff joins ING as director of loan capital markets
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European private debt managers optimistic over fundraising rebound in 2023, though pipeline will require M&A rebound
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Manager is expected to start raising its largest European direct lending fund in early 2023
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US manager looks to expand despite challenges for CLOs
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