-
1 day ago | 
news.bloomberglaw.com | Olivia Fishlow |Kat Hidalgo |Francesca Veronesi |Ellen Schneider
Private credit firms are flooding the market with continuation funds, as a lack of mergers and acquisitions, a fundraising drought and US tariff-induced volatility force them to find other ways to return cash to investors. These vehicles are a type of secondary transaction, once reserved for private equity firms that needed to hold on to their investments longer. Managers can roll over an existing portfolio of assets into a new fund with new investors.
-
2 days ago | 
news.bloomberglaw.com | Olivia Fishlow |Kat Hidalgo |Francesca Veronesi |Ellen Schneider
Private credit firms are flooding the market with continuation funds, as a lack of mergers and acquisitions, a fundraising drought and US tariff-induced volatility force them to find other ways to return cash to investors. These vehicles are a type of secondary transaction, once reserved for private equity firms that needed to hold on to their investments longer. Managers can roll over an existing portfolio of assets into a new fund with new investors.
-
2 days ago | 
news.bloombergtax.com | Swetha Gopinath |Kat Hidalgo
CVC Capital Partners Plc Chief Executive Officer Rob Lucas said that investing in Europe can be challenging, as rival private equity firms increasingly look to the region for growth. Investors will need to navigate large cultural and economic differences, and find value amid the region’s less efficient markets, Lucas told Bloomberg’s Swetha Gopinath on a panel Thursday at the SuperReturn International conference in Berlin.
-
2 days ago | 
bloomberg.com | Swetha Gopinath |Kat Hidalgo
Rob Lucas(Bloomberg) -- CVC Capital Partners Plc Chief Executive Officer Rob Lucas said that investing in Europe can be challenging, as rival private equity firms increasingly look to the region for growth. Investors will need to navigate large cultural and economic differences, and find value amid the region’s less efficient markets, Lucas told Bloomberg’s Swetha Gopinath on a panel Thursday at the SuperReturn International conference in Berlin.
-
2 days ago | 
news.bloomberglaw.com | Swetha Gopinath |Kat Hidalgo
CVC Capital Partners Plc Chief Executive Officer Rob Lucas said that investing in Europe can be challenging, as rival private equity firms increasingly look to the region for growth. Investors will need to navigate large cultural and economic differences, and find value amid the region’s less efficient markets, Lucas told Bloomberg’s Swetha Gopinath on a panel Thursday at the SuperReturn International conference in Berlin.
-
4 days ago | 
news.bloombergtax.com | Silas Brown |Francesca Veronesi |Kat Hidalgo
XYour Choices Regarding Cookies and IdentifiersWe and our 150 third party partners use cookies and similar technologies ("Cookies") and hashed identifiers (e.g., a hashed version of your name, email address or phone number) to help us identify you on our site and third-party sites and to process certain information, such as your IP address and digital identifiers, to analyze site usage and provide you with relevant advertisements and content.
-
5 days ago | 
news.bloomberglaw.com | Silas Brown |Francesca Veronesi |Kat Hidalgo
Banks and private credit funds are competing with each other to provide as much as €2.5 billion ($2.9 billion) of debt to insurance broker Diot-Siaci Group, people with knowledge of the matter said. The company is raising debt as Ardian, a Paris-based buyout firm, is in exclusive talksto buy Ontario Teachers’ Pension Plan’s stake.
-
1 week ago | 
asreport.americanbanker.com | Dani Burger |Kat Hidalgo |Ronan Martin
(Bloomberg) -- Pacific Investment Management Co. is building out its investments in asset-based finance to meet client demands to diversify away from more traditional areas of private credit. "That's an area that's really picking up speed in terms of the availability of finance outside of banks," Christian Stracke, president and global head of credit research at Pimco, said in an interview on Bloomberg TV.
-
1 week ago | 
news.bloombergtax.com | Dani Burger |Kat Hidalgo |Ronan Martin
Pacific Investment Management Co. is building out its investments in asset-based finance to meet client demands to diversify away from more traditional areas of private credit. “That’s an area that’s really picking up speed in terms of the availability of finance outside of banks,” Christian Stracke, president and global head of credit research at Pimco, said in an interview on Bloomberg TV.
-
1 week ago | 
news.bloombergtax.com | Dani Burger |Kat Hidalgo
XYour Choices Regarding Cookies and IdentifiersWe and our 150 third party partners use cookies and similar technologies ("Cookies") and hashed identifiers (e.g., a hashed version of your name, email address or phone number) to help us identify you on our site and third-party sites and to process certain information, such as your IP address and digital identifiers, to analyze site usage and provide you with relevant advertisements and content.
