JPMorgan takes on direct lenders with leveraged loans unit
WEBJul 20, 2022 · JPMorgan Chase’s investment bank has set up a unit to compete with growing competition from direct lenders, committing a “significant chunk of capital” to hold leveraged loans on its balance ...
Goldman Sachs Raises More Than $20 Billion for Direct Lending
WEBMay 29, 2024 · Loan Partners V, the latest in a series of flagship large-cap senior direct lending vehicles for Goldman Sachs Alternatives, closed on $13.1 billion of equity capital, long-term asset financing...
Citigroup, Apollo Agree to $25 Billion Private Credit, Direct …
WEB1 day ago · Sep 26, 2024 6:39am. By Don Nico Forbes. Citigroup and Apollo Global Management entered into an exclusive agreement to form a $25 billion private credit, direct lending program. The companies said ...
Direct Lending Outlook: Projecting Continued Growth - Morgan …
WEB1 day ago · We believe that direct lending is positioned for continued growth for three fundamental reasons: (1) the U.S. middle market is large; (2) private equity dry powder remains at record high levels and refinancing volumes are expected to remain high; and (3) there are enduring structural benefits for borrowers. Cutting through the Noise Despite ...
Direct Lending: Recent Trends and Outlook for 2024 - PGIM
WEBMay 6, 2024 · PGIM Private Capital’s Head of Direct Lending, Matt Harvey, identifies notable market developments from recent months and explains how PGIM Private Capital is ideally placed to take advantage of the evolution of …
Citi, Apollo In Deal To Form $25 Bln Private Credit, Direct Lending ...
WEB1 day ago · Sep. 26, 2024, 09:26 AM. (RTTNews) - Banking major Citigroup Inc. (C) and alternative asset manager Apollo Global Management (APO) announced Thursday that they have entered into an exclusive ...
Direct Lending Outlook: High Return Potential, More Deal Activity
WEBSimply put: high base rates lead to high yields on loans, and that suggests higher return potential for direct lenders (Display). New Issue Yields Expected to Stay in Double-Digit Territory
Direct Lending Moves Forward - Bernstein
WEBIn our view, 2024 could extend the trend of rewarding years for investors in direct lending strategies. While higher-for-longer interest rates, slower growth and stickier inflation may present challenges for some borrowers, we don’t expect credit losses to become unhinged.
Direct lending - Financial Times
WEBJun 18, 2023 · JPMorgan takes on direct lenders with leveraged loans unit. Bank hopes to cash in on boom in private credit and will keep debt on its own balance sheet. April 19 2022. Private equity.
2023 Direct Lending Review - LSTA
WEBJan 31, 2024 · The new year and the rally across markets has shifted back to banks some of the lending activity led last year by direct lenders, with instances of borrowers trading their (more expensive) private credit loans for syndicated TLBs, highlighting the symbiotic relationship between the two markets.
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