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Private Credit Daily

from Private Wealth Daily

The edition as it went to readers: 4 stories.

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The lead

France records 39 restructuring mandates in H1 2026 as lenders take ownership

Debtwire counted €14.57bn of debt across those mandates; Alvarez & Marsal ties creditors' stronger hand to a 2021 cram-down reform.

The Wrap

M&G rehires Duncan Batty to lead real estate finance; Triple Point lends £55m to Perch Group

Batty returns to the £14bn-plus real estate finance arm after 12 years at M&G and a Revolut lending role; the Triple Point loan sits inside a £400m package with NatWest, Shawbrook and Paragon.

Direct Lending

Triple Point lends £55m to Perch Group in £400m package

The Blackpool debt purchaser adds a non-bank lender to a group that already includes NatWest, Hampshire Trust Bank, Shawbrook, Paragon Bank and Lloyds.

Direct Lending

M&G rehires Duncan Batty to lead real estate finance arm with £14bn-plus deployed

Batty spent 12 years at M&G, latterly as co-head of real estate finance, and joins from Revolut, where he led commercial real estate lending.

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