Private Equity 10 March 2026

Macquarie Group’s €125 Million Lyntia Deal Lands as Private Credit Jitters Grow

Macquarie Group’s €125 Million Lyntia Deal Lands as Private Credit Jitters Grow

Macquarie Asset Management has provided €125 million to lyntia as part of a €1.4 billion refinancing for the Iberian telecom infrastructure operator. The funding extends lyntia’s debt maturities up to 12 years and adds a new investment facility. The deal comes as private credit fundraising slumps, with first-quarter direct-lending totals at a three-year low. Macquarie remains active in European private debt markets.
April 23, 2026
Macquarie hires former Ares executive Eli Appelbaum for EMEA lending push as private credit strains deepen

Macquarie hires former Ares executive Eli Appelbaum for EMEA lending push as private credit strains deepen

Macquarie Group has hired Eli Appelbaum from Ares Management to lead its EMEA lending and asset finance business as it expands private credit operations in the region. The firm recently funded AI infrastructure projects, including a €117 million commitment to Polarise’s Munich data center. Macquarie reported less than £50 million exposure to the collapsed UK lender Market Financial Solutions. Industry defaults and fund withdrawals have increased.
March 10, 2026