Home Authors Posts by Andrew Hedlund

Andrew Hedlund

Andrew Hedlund is the Americas Editor at Private Debt Investor where he reports on the private debt market and coordinates coverage of the asset class. Before joining PDI, he reported on corporate bankruptcies for The Deal and Reorg Research, two financial trade publications.Andrew received a master's degree from Northwestern University’s Medill School of Journalism. He also earned bachelor of arts degrees in from Arizona State University.

Crestline seeks $500m for late-stage PE fund financing

The credit investment firm maintains the strategy has a growing market opportunity.

TPG raises $300m for oil and gas investments

The energy market provided the firm with an opportunity to provide non-buyout preferred equity investments.

Oaktree seeks $1.75bn for latest control-oriented investment fund

The distressed debt behemoth’s previous vehicle reported a net IRR of 29.4% and 1.4x return multiple.

Clearlake could close above $2.5bn target for Fund V

The special situations investment shop is expected to invest in fewer than 20 companies.

Sterling nears target for debut debt fund

The private equity firm launched its credit arm in May with the addition of a BNP Paribas veteran.

Peak Rock steps further into credit

The firm’s second fund consists of separate debt and equity vehicles; its first had made debt and equity investments from a single pool of capital.

LBOs under the microscope

More than half of the 10 largest leveraged loans at risk of default are held by private equity-backed companies, according to data from Fitch Ratings.

Texas TRS fleshes out top ranks after appointing new CIO

The $140bn pension fund promoted a handful of existing staff members.

SMAs bulk up BC’s credit debut

The fundraising comes amid a flurry of private equity firms launching credit arms.

Arizona, Texas pension funds hike alternatives exposures

The two pensions each increased their investment allocations for private equity.