Many direct lending offerings, including Audax’s, target private equity-backed mid-market deals. Because of its “relative stability,” the strategy is gaining traction in this space, a recent Antares analysis found.
Long sidelined from professional sports ownership, private equity investors are blitzing into stadiums, arenas and rinks. The results may be game-changing, Boston Red Sox CEO Sam Kennedy tells Buyouts.
Rising rates – reinforced this week by the Federal Reserve’s vow to continue battling inflation – are motivating LPs to explore asset classes which provide some measure of refuge. One of the beneficiaries appears to be private debt.