preqin

The firm is setting up a new division, Global Direct Lending, appointing Stephan Caron, head of the European middle-market private debt business, to lead it.

Overall family office allocations to private debt remain at roughly 2 percent.

By sharing risky exposures with private credit managers, banks are figuring out how to stay on the right side of regulations without losing access to lucrative commodities markets.

Private credit extended its fundraising record in the second quarter after first quarter figures fell to their lowest levels since 2017.