Private credit giants HPS Investment Partners and Arcmont Asset Management have provided €25m in fresh funding to embattled Italian sportswear manufacturer Dainese, as negotiations intensify over a potential debt-for-equity takeover, according to a report by Bloomberg.

Apollo Global Management has made its first direct move into English Premier League football, providing £80m in high-yield debt financing to Nottingham Forest Football Club, as PE and credit investors deepen their exposure to European sport, according to the Financial Times.

Apollo Global Management has been awarded the mandate to manage Singapore’s $1bn Private Credit Growth Fund, a government-led initiative designed to provide non-dilutive financing to high-growth local enterprises, according to a report by Bloomberg.

Man Group, the world’s largest listed hedge fund firm, is to acquire Bardin Hill, a New York-based private credit manager with approximately $3bn in AUM, in a move that strengthens the firm’s growing presence in the US and its alternative credit platform.

Ares Management Direct Lending funds, Carlyle’s Global Credit platform, and Goldman Sachs Alternatives have agreed to commit approximately £1.2bn of debt financing to OneAdvanced, a leading UK provider of enterprise software solutions, to support the full refinancing of its existing debt facilities.

Cooper’s Hawk Winery & Restaurants, the Ares Management-backed upscale casual dining chain and wine club, is seeking up to $400m in private credit to refinance existing debt and fund growth initiatives, as it gears up for a public listing, according to a Bloomberg report citing sources familiar with the matter.