Loan Note

Loan Note: Are LPs too focused on corporate credit?; European unitranche market in good health

Questions raised over whether LPs are failing to sufficiently diversify in private debt. Plus: signs of life in the European unitranche market; and Bridgepoint establishes music royalties partnership.

Loan Note: We put the spotlight on challenges in direct lending; Cliffwater weighs traded versus non-traded BDCs

Our June 2025 issues examines the stresses and strains in direct lending. Plus: Cliffwater compares public and non-traded BDCs; and Moody’s lays bare the changes private credit has brought to the life insurance industry.

Loan Note: LPs line up at PDI’s Japan Korea Week; interest grows in sports lending

Don’t miss the chance to meet and hear from leading LPs at our Japan Korea Week. Plus: opportunity hailed in sports lending; and Opulum Capital launches credit platform.

Loan Note: Ares leads march of the ‘mega-tranche’; CLO rally may be false dawn

Ares leads fourth-largest private credit deal. Plus: CLO market could still be hit by “second order” effects; and emerging Africa/Asia infrastructure fund raises fresh capital.

Loan Note: Real estate lending grows in tough market; Aberdeen praises credit and infra strats

Figures from CBRE show commercial real estate lending is growing despite difficult market conditions. Aberdeen favours private credit; and Monroe Partners launches a venture to invest in RVs and marine vehicles.

Loan Note: PDI Europe Summit hears thoughts on dealflow, financing and the economic climate

PDI Europe Summit finds LPs concerned about dealflow and possible recession. Plus: also at the Summit, private equity professionals offered thoughts on a challenging financing climate, and a range of industry players shared their thoughts on market conditions.

Loan Note: Family offices in private debt migration; Where distressed players are seeing opportunity

PDI Europe Summit finds a rising tide of family office money targeting private debt. Plus: GP and LP thoughts on the distressed market; and Canyon and Variant announce new hires.

Loan Note: Australian firm responds to regulatory pressures; tariff impact not immediate but will add to stress

Australia’s HMC Capital pledges to be a market leader in transparency as regulators take a close interest in the asset class. Plus: borrowers face secondary tariff impacts; and Oaktree notes three areas of opportunity.

Loan Note: The factors behind LP allocation decisions; Granite Asia makes progress with credit fund

Our deep dive into LPs’ private debt allocation decisions. Plus: a first close for Granite Asia’s debut hybrid credit fund; and Clearlake Capital launches credit platform.

Loan Note: Mubadala, Fortress sign $1bn agreement; Changes at the top at Balbec

Sovereign wealth fund Mubadala signs partnership with fund manager Fortress. Plus: new chief in charge at Balbec; and our latest podcast points to golden age ahead.