Remove Debt Remove Financing Remove Investing
article thumbnail

Blackstone taps Goldman Sachs leveraged finance head to lead European private credit origination

Private Equity Insights

This is one of the most notable talent moves from investment banking to private credit to date, highlighting the growing shift of senior debt market professionals into the private capital space. Based in London, Ashcroft steps into the role previously held by Jurij Puth, who leaves the firm after 18 years.

article thumbnail

Schroders to shut Australian private debt business 

Private Equity Wire

Schroders is shutting down its AUD100m ($63m) Australian private-debt business, citing increased competition in fundraising and sourcing investments, according to a report by Bloomberg citing CEO and Chief Investment Office Simon Doyle.

Debt 97
Insiders

Sign Up for our Newsletter

This site is protected by reCAPTCHA and the Google Privacy Policy and Terms of Service apply.

article thumbnail

BNP Paribas names private debt directors for new lending strategy

Private Equity Wire

BNP Paribas Asset Management has appointed Linda Fodil and Thibault Sartori as Private Debt Investment directors to support its new direct lending strategy. Both will be based in Paris and report to Christophe Carrasco, Head of Private Debt.

Debt 94
article thumbnail

Brynwood Partners exits SunnyD owner Harvest Hill in $1.5bn sale to Castillo Hermanos

Private Equity Insights

Citi served as sole financial advisor to the buyer group and led the financing. The deal marks a significant cross-border exit for Brynwood, a US private equity firm specialising in lower middle market consumer assets. Brynwood Partners, based in Greenwich, Connecticut, currently manages more than $1bn in committed capital.

article thumbnail

Private credit funds take control of Alacrity in $4.3bn restructuring backed by BlackRock

Private Equity Insights

Consequently, BlackRocks equity investment of over $600m in Alacrity will be written off as part of the restructuring. When BlackRock made its investment, Alacrity carried around $1bn in senior debt and $500m in junior debt, financed by Goldman Sachs wealth management division.

article thumbnail

Prepare for the Coming Recession

The Motley Fool

Where to invest $1,000 right now? Recessions can have an impact on most aspects of your finances -- and not all in bad ways. According to Truist Co-Chief Investment Officer Keith Lerner, the median recession-associated decline in the S&P 500 (SNPINDEX: ^GSPC) since 1948 was 24%. A sampling: "A Recession May Be Coming.

Finance 246
article thumbnail

Why MARA Holdings Stock Is Soaring Today

The Motley Fool

Where to invest $1,000 right now? At the same time, MARA took on a ton of long-term debt to finance Bitcoin purchases in the fourth quarter. If youre worried youve already missed your chance to invest, now is the best time to buy before its too late. per share, based on revenue near $181 million.

Debt 265