PE Tech Report

Private Credit

Private lender Hayfin considering sale

London-based European private credit specialist Hayfin, which currently has around €30bn of assets under management, is considering options for its future including a potential sale of the business, according to a report by Bloomberg.

Blue Owl to open new Abu Dhabi office

Private credit lender Blue Owl Capital is planning to expand its presence in the Middle East with the opening of a new office in Abu Dhabi staffed by a team focused on capital raising, according to a report by Bloomberg.

OSP closes Value Fund IV at over $600m

O’Brien-Staley Partners (OSP) has held the final close of OSP Value Fund IV, having secured over $600m in fresh capital commitments, with significant support from existing LPs and bringing the firm’s inception-to-date total fundraising to $2.3bn.

Private credit to double in five years, says Ares CEO

The $1.5tn global private credit market will double to $3tn within the next five years, with most of the increase coming from bank balance sheets, according to a report by Bloomberg, citing Ares Management boss Mike Arougheti.

Apollo targeting $2.5bn for private credit fund

US private equity major Apollo Global Management is targeting a fundraise of around $2.5bn for a new private credit vehicle that will look to provide loans to large corporate borrowers, according to a report by Bloomberg.

SLR appoints new Partner

SLR Capital Partners, a private credit platform specialising in direct lending to US middle market companies, has appointed Chris York as a Partner, with a focus on both product and business development.

PAC acquires stake in LA-based private credit shop

Pacific Current Group has agreed a deal to acquire a minority 24.9% equity stake in Los Angeles-based private credit and structured equity investment management firm Avante Capital Partners for up to $40m.

ICG CEO predicts private credit boom

Private credit is set for a boom on the back of low defaults, limited refinancing activity and the absence of a recession, providing the potential for unprecedented debt returns, according to a report by Bloomberg.

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