[ad_1] (Bloomberg) — A KKR & Co. debt sale shows how far Wall Street is willing to go to keep leveraged underwriting business from slipping away to private credit after periods of turmoil. After losing a €1.1 billion ($1.24 billion) buyout financing assignment to direct lending rivals, banks including Jefferies Financial Group Inc. and Citigroup…
[ad_1] In 2023, Kamath stepped down as head of fixed income of the mutual fund segment to head the newly set-up alternatives business. According to a private presentation accessed by Mint, the AIF will only lend to financial services-related companies and is targeting an internal rate of return (IRR) of 11% to 14%. Franklin Templeton…
[ad_1] Private credit has emerged as a growing asset class in the Indian financing market today. Most private credit platforms have flexibility in structuring credit solutions to meet the specific requirements of individual borrowers, can take on riskier exposure and mobilise capital quickly. Private credit has consequently become the “go to” solution for many mid-sized,…
