Welcome to Loan Note, your bi-weekly dive into the private debt industry. Today we take an in-depth look at the real estate sector and ask how investors are returning to a sector that has been turned upside down.
3 min read · 17 February 2025
The compelling case for GP stakes. Plus: Invesco wraps up direct lending fundraise; and Bfinance finds waning interest in private markets searches.
6 min read · 13 February 2025
Court case unresolved as Corinthia fundraising speeds along. Plus: O15 closes debut credit fund; and Castlelake forms Nordic real estate partnership.
5 min read · 10 February 2025
Our February cover story gauges LP reactions to our Perspectives study. Plus: Bfinance digs deep into impact debt fund managers; and HSBC Asset Management wraps up a lower mid-market infrastructure fund.
6 min read · 06 February 2025
Our webinar considers the past and future of private markets fundraising. Plus: a merger of two BC Partners BDCs; and Varde Partners sees a valuation environment with little room for upside.
6 min read · 03 February 2025
Our latest Investor Report finds institutions raising their allocations to private debt, with insurers leading the way. Plus: UK politician Gareth Davies shares his ‘changed’ views on ESG; and the UK’s Fasanara provides finance for Saudi SME lender.
5 min read · 30 January 2025
The private credit fund comes to Portugal. Plus: optimistic assessment from Moody’s on prospects for the asset class; and ABS interval fund launched by John Hancock and Manulife.
6 min read · 27 January 2025
Brookfield/Oaktree add new fund to wealth platform. Plus: AI could have origination role; and private debt default rate edges up, especially for mid-sized borrowers.
6 min read · 23 January 2025
Strong activity – and strategic considerations – in the secondaries market. Plus: European Investment Fund backs Spanish SME lender; and ICG brings in MD in Paris.
5 min read · 20 January 2025
Golub finds US mid-market going strong. Plus: Downgrades and defaults stabilising, Fitch believes; and Allianz Global Investors closes oversubscribed private debt secondaries fund.
5 min read · 16 January 2025