Bridgepoint, GFH Bank and AIP Capital build $1bn aircraft engine leasing platform
GFH Bank is the cornerstone investor and strategic partner; AIP Capital will lead engine sourcing and trading as the partners raise outside capital.
M&G seeds £74m private credit LTAF in part with with-profits cash
The Diversified Private Credit Feeder LTAF targets UK defined contribution schemes and sits inside M&G's £28bn private and structured credit platform.
Private credit managers shift lending from software to manufacturing and defence
Investec's Greg Betz says activity has centred on "old economy sectors," while Canyon and Federated Hermes point to energy and defence spending, according to Alternative Credit Investor.
Apollo extends daily pricing as Deloitte finds 4% fully revalue daily
Deloitte counts 48% of private credit fund groups refreshing valuations daily on observable market inputs, while BlackRock puts first-lien software loans at about 97% of cost in the second quarter.
Canyon Partners names Chris Hansen partner and chief information officer
He joins from TPG Angelo Gordon, where he led a cloud migration and a rebuild of its portfolio analytics platform.