Lending

Bristol Myers buys heart drug developer. Lending executives including Monroe's Theodore Koenig and Avante's Jeri Harman talk about M&A bouncing back. Greenbriar invests in Uber's logistics arm.

“There is plenty of capital on the sidelines, and it’s really the private credit asset managers who are driving this market and financing the acquisitions,” says Monroe Capital CEO Ted Koenig.

Monroe Capital has closed a new collateralized loan fund. Fastly and Palo Alto make cybersecurity deals. PE news from Accel-KKR and Advent. Quarantine drives buyers like Zynga to look for mobile gaming deals. M&A among car dealerships is to pick up, according to Kerrigan Advisors.

Insurers have become the biggest U.S. investors in the market, topping banks and hedge funds to amass a third of all domestic holdings.

Lenders estimate that over the next five years, some 10 percent of new U.S. leveraged corporate loans could end up happening in the private market, a major shift from a year or two ago when large private deals were rare.