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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

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.

The Wrap

Tikehau lists private credit ELTIF on iCapital; StepStone and ASB launch Shari'ah fund

Tikehau's Luxembourg evergreen fund reaches wealth managers through iCapital's existing ELTIF 2.0 shelf; StepStone and ASB Capital's open-ended Shari'ah-compliant vehicle will lend mainly to US middle-market companies.

Fund launches & raises

Tikehau makes European private credit ELTIF available on iCapital Marketplace

The Luxembourg evergreen fund joins iCapital's existing range of ELTIF 2.0 products for wealth managers in eligible EMEA markets.

Direct Lending

Endowus launches first standalone European direct lending strategy with CVC

The CVC-backed vehicle is open to investors in Singapore and Hong Kong, but the announcement omits target size, minimum commitment, fees, liquidity terms and vehicle structure.

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