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Qatar Investment Authority (QIA) and Credit Suisse Asset Management on Thursday entered into a strategic partnership in the direct lending market. They will form a multibillion dollar direct private credit platform that will provide financing primarily in the form of secured first and second line loans to upper middle-market and larger companies in the US and Europe. Mansoor Al Mahmoud, CEO of QIA, said, “We see significant potential in the growing private credit market and we are excited to once again work with Credit Suisse. This strategic partnership, with one of the foremost leaders in asset management, is aligned with QIA’s objectives as a long-term diversified investor across asset classes both in the US and globally.” (TNN) page 6
