October 24, 2025 - Carlyle Group is reportedly in advanced talks to transfer control of Italian protective gear maker Dainese to private credit lenders HPS Investment Partners and Arcmont Asset Management, as the firm seeks to address mounting losses at the business. The deal, according to Bloomberg, would be among the first lender-led takeovers in Italy’s growing private credit landscape. Carlyle acquired Dainese in 2022 through a €285m debt-financed transaction, backed by p

October 24, 2025 - British auction house Bonhams has been taken over by private credit lender Pemberton Asset Management according to corporate filings. Bonhams, which was founded in 1793 in London, was purchased by private equity firm Epiris in 2018 with a loan provided by Pemberton, the filings show. The debt, around £170 million ($226 million) as of the end of 2023, paid an interest equivalent to the SONIA benchmark plus 9% and was set to mature in 2027, according to the

October 23, 2025 - Creditors have moved from lender to owner of troubled European telecom supplier Netceed through a debt-to-equity conversion that gives creditors operational control. The deal includes a fresh liquidity injection of €70m (about $81.2m), part of a wider effort to stabilize the group’s finances. Under the restructuring, multiple private credit holders agreed to forgive parts of outstanding borrowings in exchange for equity stakes. https://inforcapital.com/new

October 22, 2025 - Auto industry subprime lender PrimaLend Capital Partners LP and two affiliates filed for Chapter 11 bankruptcy protection to restructure its debts and seek a sale of its assets. The Plano, Texas-based debtor filed its petition in the U.S. Bankruptcy Court for the Northern District of Texas in Fort Worth, listing $100 million to $500 million in assets and liabilities, including $286.1 million in debt obligations. PrimaLend owes $186.5 million in senior secur

October 21, 2025 - Carriox Capital II LLC and its related companies — once presented as agile financing vehicles in telecom receivables — are now buried in Chapter 11 bankruptcy filings that reveal a staggering $552 million secured debt and almost no remaining assets. https://wirelessestimator.com/articles/2025/the-great-telecom-invoice-factoring-illusion-how-new-york-financier-carriox-capital-fooled-the-money-men/