french asset manager Eurazeo has closed its largest direct lending fund yet at €3.9 billion (about $4.5 billion), exceeding its target by almost a third, making it one of the few European credit managers raising capital in a difficult market. Eurazeo Private Debt VII, which focuses on lending to lower middle market companies across Europe,…
Franklin Templeton (BEN) CEO Jenny Johnson said the private lending sector has earned its rightful place on Wall Street. “Private credit is here to stay,” Johnson told Yahoo Finance during the Semafor World Economic Summit. He linked his argument to the 2008 financial crisis, when stricter capital requirements forced banks to stop lending, prompting private…
Blackrock, the world’s largest asset manager, is close to completing a $ 12 billion agreement to acquire HPS Investment Partners, a firm known for private credit investments. This strategic movement positions Blackrock as an important force in one of the fastest growth sectors of Wall Street. The reports suggest that the agreement could be announced…
