3 charts: Nuveen’s acquisition of Schroders – PitchBook
It creates a $414 billion pool of private capital, allowing the combined entity to compete with the very largest alternative managers.
It creates a $414 billion pool of private capital, allowing the combined entity to compete with the very largest alternative managers.
The US High-Yield Bond Weekly Wrap is the definitive report on the latest activity in the high-yield and high-grade bond markets, featuring commentary and data on the week’s headline news.
Proskauer found that 21% of private credit deals were covenant-lite in 2025, up from 4% in 2023.
LBO and M&A activity accelerated in January.
JPMorgan, Bank of America, and Goldman Sachs are making markets for the private credit asset, according to bank runs from Dec. 9 seen by LCD.
The November US Private Credit Monitor report showed that direct lending is running at its hottest pace since Q2 2024.
So far, private credit market participants say the threat to their market share is slim, particularly among deals in the core middle market and below.
The US Private Credit & Middle Market Weekly Wrap highlights the latest activity in the private credit asset class, including in-depth stories, complemented by data on middle-market deals.
The debt includes both a term loan and a holdco portion.
Price talk for the seven-year TLB is S+325-350, with a 0% floor and an OID of 99.5. Source Id: PitchBook Source Logo: https://logo.clearbit.com/pitchbook.com Source Link: https://pitchbook.com Source Description: Source Domain: ... BradyPLUS...