Private credit, representing lending by nonbank entities to companies, has in recent years come to rival traditional bank lending in size and influence. According to...
New research shows the American life insurance and private credit industries becoming intertwined. That’s according to a report Wednesday (Nov. 12) by The Wall Street...
Private capital software platform Carta has acquired Sirvatus, a private credit fund loan administration platform. The company says this deal, announced Thursday (Oct. 9), makes...
Credit investors are reportedly pumping billions into artificial intelligence (AI) efforts amid concerns about an industry bubble. For example, there is a $22 billion-plus loan...
FinTech IntraFi has reportedly raised upward of $2 billion in the leveraged loan market. That’s according to a report Monday (Aug. 11) from Bloomberg News,...
Fifth Third Bank is set to offer its commercial bank clients private credit arrangements. The new program, announced Tuesday (July 29), is happening in collaboration with asset manager Eldridge and...
Credibur emerged from stealth Wednesday (July 23) and announced it secured $2.2 million in pre-seed funding to launch its platform for debt facility management. The...
Citigroup and Carlyle Group have reportedly joined forces to fund FinTech companies. As Bloomberg News reported Thursday (June 12), the companies have signed an agreement...
Apollo Global Management is reportedly working with five banks, including JPMorgan Chase & Co. and Goldman Sachs Group, to trade private credit. The collaboration will...