Loan Note

Loan Note: SC Lowy’s ‘pivot’ to private credit; Hong Kong investors embrace private markets

SC Lowy poised to launch interval fund amid public to private ‘pivot’. Plus: China’s ShoreVest makes multiple hires; and Schroders finds Hong Kong wealth investors embracing private markets.

Loan Note: 2024 fundraising sees small drop on the previous year; signs of strengthening European deal market

Our latest fundraising data finds no evidence of a revival just yet. Plus: Deloitte tracks a European deal upturn in Q2 of last year; and Willow Tree completes rapid-fire CLO double.

Loan Note: More than half of LPs want more private debt over next year; Fitch upbeat on US CLO prospects

Five key findings from our LP Perspectives study. Plus: Fitch finds room for optimism in the US CLO market; and Beechbrook reaches first close for latest UK SME fund.

Loan Note: Infrastructure fund progress for Allianz; CapitaLand takes further step in Australia

First close is reached for Allianz’s latest infrastructure debt fund. Plus: Singapore’s CapitaLand boosts Australia push with Wingate acquisition; and January Capital fund to help close funding gap for tech firms in Asia-Pacific.

Loan Note: A fund first for MidOcean; hires and promotions at Colbeck Capital and King & Spalding

MidOcean closes first CLO equity fund. Plus: Colbeck brings in head of business development; and a raft of promotions at King & Spalding.

Loan Note: BlackRock finds defaults persisting for smaller firms; Sixth Street, Affirm team up in ABF space

Default rate remaining high for smaller companies, finds BlackRock. Plus: slower growth in modifications to banks’ CRE loans; and Sixth Street strikes ABF partnership with Affirm.

Loan Note: Default rates may not be all they seem; investors target impact mandates

Our cover story puts default rates under the microscope. Plus: impact high on LPs’ priority list; and a new report indicating a strong year for the broadly syndicated loan market.

Loan Note: PGIM deals speaks to growing ABF popularity; Pemberton and Santander join forces

PGIM acquires buy-now-pay-later portfolio. Plus: Pemberton teams up with Santander to launch supply chain solutions provider; and Triton fund will target firms facing short-term difficulties.

Loan Note: CLOs on the up, but some concerns; private debt eyes allocation boost

The collateralised loan obligation comeback – but rising defaults cast a cloud. Plus: LPs positive about private debt allocations; and Hayfin sets up a new base in Chicago.