Private Debt news and trends

Lloyds Forms Direct Lending Partnership With Oaktree Capital
Partnerships // July 18, 2024

Lloyds Bank and Oaktree Capital Management have teamed to support U.K. “middle-market sponsor-backed borrowers.” The collaboration, announced Thursday (July 18), will see Lloyds’ structured debt finance team work with Oaktree’s European private debt platform to provide clients with a solution for new buyouts and refinancings...

Nonbank Lenders Pose Risks to Traditional Banks as Private Credit Surges
Banking // June 18, 2024

Coming into 2024, PYMNTS spotlighted the appeal of private credit, also known as private debt, issued to corporates, and which offered up, and still offers, a capital lifeline to sustain operations. Traditional channels, chiefly through banks, have been tightening their lending activities, particularly to smaller...

Goldman Sachs Aims for $300 Billion Private Credit Portfolio
Banking // March 12, 2024

Goldman Sachs Asset Management is reportedly planning a major expansion of its private credit portfolio. The Wall Street giant aims to grow that portfolio to $300 billion in five years, up from $130 billion, a senior executive told Reuters Tuesday (March 12). “It’s a huge opportunity,” said Marc Nachmann,...

Investment Banks Seek to Win Back Private Credit Loans
Loans // January 22, 2024

Investment banks are reportedly trying to win back leveraged finance deals from the private credit space. Banks such as Goldman Sachs, Citi and Barclays are among the banks in talks with buyout firms about loans issued during more volatile periods, Bloomberg News reported Monday (Jan 22), citing sources with knowledge of...

Interviews & Exclusives
Private Credit Booms as Main Street Firms Seek Capital Access 

January 15, 2024
For corporates, especially smaller Main Street businesses, private credit (aka private debt) appears as an avenue through which they can get the capital they need. And for the lenders, the opportunity is ripe to tap into a market worth trillions of dollars.   As has been noted through the past year, and as has been a […]

Quick Reads
Apollo and State Street Launch Private-Public Credit ETF

September 10, 2024
Apollo Global Management and State Street are reportedly launching a private-public credit exchange traded fund. That’s according to a report Tuesday (Sept. 10) by the Financial Times (FT), which noted that this is the latest attempt by large investment firms to sell alternative assets to retail investors to fund their next stage of growth. The […]

Lloyds Forms Direct Lending Partnership With Oaktree Capital

July 18, 2024
Lloyds Bank and Oaktree Capital Management have teamed to support U.K. “middle-market sponsor-backed borrowers.” The collaboration, announced Thursday (July 18), will see Lloyds’ structured debt finance team work with Oaktree’s...

Goldman Sachs Aims for $300 Billion Private Credit Portfolio

March 12, 2024
Goldman Sachs Asset Management is reportedly planning a major expansion of its private credit portfolio. The Wall Street giant aims to grow that portfolio to $300 billion in five years, up from $130...

Investment Banks Seek to Win Back Private Credit Loans

January 22, 2024
Investment banks are reportedly trying to win back leveraged finance deals from the private credit space. Banks such as Goldman Sachs, Citi and Barclays are among the banks in talks with buyout firms about loans...