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Thoma Bravo eyes $1bn private credit loan to support NextGen deal

Thoma Bravo is looking to private credit lenders as it seeks to arrange roughly $1bn in debt financing to support its planned acquisition of cloud-based healthcare technology solutions provider NextGen Healthcare, according to a report by Bloomberg.

Heritage Holdings hires GSAM’s Head of Portfolio Strategy

Heritage Holdings, a private investment platform co-founded by a global collective of families and entrepreneurs, has expanded its London office with the appointment of Goldman Sachs Asset Management’s Head of Portfolio Strategy Julia Toader.

Allianz looking to raise €1.5bn for new private credit fund

Allianz Global Investors, global financial services and insurance group Allianz’s money management division, is looking to raise at least €1.5bn a new global private credit fund by tapping into increased investor demand for exposure to the asset class, according to a report by Reuters.

Apollo paid outgoing legal chief almost $8.4m in 2022

John Sudyam, long-serving Chief Legal Officer at Apollo Global Management received about $8.4m in total compensation during the 2022 financial year, according to a report by Bloomberg, citing a proxy statement filed by the the private equity firm on Friday.

Apex to provide fund admin and AML service for new Sadu Capital VC fund

Sadu Capital, a venture capital firm that invests in private tech start-ups through equity ownership, has appointed Apex Group to provide fund administration and AML solutions, for its latest fund, which is focused on early-stage startups in the Middle East & North Africa region.

Golub Capital expands direct lending leadership

Golub Capital, a direct lender and experienced credit asset manager, has made several promotions within its Direct Lending team, which it says position the firm for continued growth of its market-leading sponsor finance platform.

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