Marathon Asset Management, Webster in Private Credit Tie-Up (1) Marathon Asset Management and Webster Financial Corp are forming a private credit joint venture focused on direct lending to private equity-backed middle-market companies, according to a statement Monday’s announcement confirmed a Bloomberg News report about the partnership, the latest in a string of tie-ups between direct lenders and traditional banks in the growing $1 7 trillion asset
Banks should be wary on private credit tie-ups, FCA says As tie-ups between banks and private credit continue apace, a leading regulator has warned firms to be wary about exposing themselves to potential conflicts of interest Raymond James entered a joint venture with Eldridge last year to offer private credit to portfolio companies of private equity firms, while Wells Fargo is raising a $5bn
COMBINING BANKING WITH PRIVATE EQUITY INVESTING - National Bureau of . . . specialists in this process: Even the largest private equity groups rely on banks to line up financing, attesting to banks’ expertise When banks have in-house private equity operations, information sharing across bank divisionsallows the banks to fully utilize their advantage in matching credit demand with supply
JPMorgan Holds Private Credit Tie-Up Talks With FS, Octagon (1) Private Equity Print Email Share To: Facebook LinkedIn JPMorgan Holds Private Credit Tie-Up Talks With FS, Octagon (1) Feb 29, 2024, 6:38 PM UTC Paula Seligson Bloomberg News Gillian Tan Bloomberg News Hannah Levitt Bloomberg News Partnerships would allow bank to grow private credit footprint;
Oaktree Inks £1 Billion Private Credit Tie-Up with Lloyds Bank Oaktree Capital Management is partnering with Lloyds Banking Group Plc to provide the banking giant’s private equity clients with loans to fund their buyouts, the latest sign that traditional lenders are trying to find creative ways to get into private credit Oaktree Inks £1 Billion Private Credit Tie-Up with Lloyds Bank By Aisha S
Why BlackRock is shelling out $12bn for private credit shop HPS The tie up is key to BlackRock’s broader ambitions as the firm positions itself for a world where more companies raise funds in both private and public markets, with the likes of chipmaker Intel
Citi, Apollo Test Private Credit Tie-Up in Boeing Unit Sale For Citigroup and Apollo, it would mark their first private staple financing, one of the people said, in which the US investment bank leverages its merger and acquisition advisory capabilities for