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JPMorgan's move shows that the biggest U.S. bank by assets wants to get ahead of potential turbulence involving private credit loans to software companies.
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Copenhagen Infrastructure Partners has announced the first close of its latest green credit investment vehicle. According to ESG Today, the firm confirmed it has secured €1.3bn at the first close of CI Green Credit Fund II, its second flagship green credit fund designed to support renewable energy projects and companies driving the energy transition. The […]
The post Energy investor CIP raises $1.5bn for green credit fund appeared first on AltAssets Private Equity News.
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The troubled private-credit industry was under further pressure after a report that JPMorgan Chase was tightening its lending criteria while a $33 billion fund was reported to have seen heavy withdrawals.
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Blue Owl, a direct lender specializing in loans to the software industry, said it had sold $1.4 billion of its loans to institutional investors at 99.7% of par value.
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