News

Proskauer revealed the results of its Q3/24 Private Credit Default Index, with an overall default rate of 1.95%. The Q3/24 default rate is a decrease from 2.71% in the prior quarter. However, the overall default rate is still higher than...

Morgan Stanley Investment closed North Haven Tactical Value II Fund (NHTV II) and affiliated funds at approximately $2 billion of committed capital, representing a nearly 50% increase over the predecessor fund NHTV I.

Grant Thornton Advisors entered an agreement to combine with Grant Thornton Ireland’s advisory and tax businesses, with backing from an investor group led by New Mountain Capital, a growth-oriented investment firm with approximately $55 billion in assets under management.

A Tiger Group online auction on Nov. 5 will offer over 900 lots from PRG’s rental inventory of professional production equipment. The timed auction includes gear from brands such as Arri, Ayrton, Barco, Canon, Christie, Sony, Vari*Lite and Yamaha.

Percent, a platform powering the modern private credit marketplace, is making its services available to Forge Trust clients, a custodian for alternative assets. This offering is aimed at enabling Forge Trust’s IRA holders to invest in Percent’s private credit opportunities.

Keurig Dr Pepper (KDP) entered into a definitive agreement to acquire GHOST Lifestyle and GHOST Beverages, a lifestyle sports nutrition business. Winston & Strawn acted as legal advisor to GHOST.

First Business Financial Services was selected by Piper Sandler for the Sm-All Stars Class of 2024. This year marks the fourth time First Business Financial Services received this honor, having previously been named a Sm-All Star in 2013, 2021 and...

For the second time since 2018, American Tire filed for chapter 11 as the company considers a sale process to cut debt, according to Bloomberg.

The Wall Street Journal reported that Tupperware has agreed to sell parts of its business to its lenders as part of its chapter 11 proceedings.

WhiteHawk Capital Partners, an asset-based direct lending investment manager, closed WhiteHawk Fund IV (WH IV), with total equity commitments of over $1.1 billion, which includes WH IV and related vehicles.