Kartesia Asset Finance deploys €88m across three asset-backed deals
The financings cover Spanish search-and-rescue helicopters, Spanish logistics equipment and US offshore-wind vessels.
Moody's estimates 35% of US life insurer investments go to private credit
The NAIC review of the rated-note feeder structures insurers use to reach the asset class is ongoing.
Benefit Street Partners adds Encina team and $480m seed portfolio to ABF platform
A Franklin Templeton and BSP-affiliated fund acquires the Encina-originated commitments, and BSP says the combined platform can originate more than $3bn a year.
Arcmont CIO Mattis Poetter says US lenders' retreat has reduced European mid-market deal competition
Mattis Poetter says Arcmont is often getting extra spread, better terms and less leverage on mid-market loans.
New Holland Capital acquires majority stake in municipal credit manager Foundation Credit
New Holland, which runs more than $8.3bn in absolute return strategies, will invest in Foundation's municipal credit and infrastructure debt strategies.