Loan Note

Loan Note: Maryland to establish climate panel; trade body finds stress in private debt

Maryland pension poised to establish climate panel. Plus: the Alternative Credit Council charts the growth of private debt; and Aviva launches a private debt-focused Long-Term Asset Fund.

Loan Note: Family offices look to increase alternatives allocation; Latham adds to restructuring team

Regulatory reform is helping to drive more family offices to invest in alternative assets. Latham & Watkins has added a number of new professionals to its restructuring team.

Loan Note: Blackstone backs ABF tech provider; 17Capital receives $1bn cash boost

Blackstone has provided venture capital funding for tech firm Cardo AI, which produces the asset-based finance tech it uses in its credit division. 17Capital has received a $1 billion investment for its NAV finance strategy.

Loan Note: Public markets pile pressure on debt funds; Infra fund to offer debt and equity to retail investors

European public markets have become more active through 2024 and this is having knock-on effects for private debt funds. Plus: GCM Grosvenor and CIO Investments are launching a retail infrastructure fund consisting of equity and debt.

Loan Note: Janus Henderson launches credit ETF; Blackstone shakes up tactical opps leadership

Janus Henderson is launching a credit ETF consisting of a broad basket of credit instruments. Blackstone makes changes to the leadership of its tactical opportunities strategy.

Loan Note: Survey reveals faith in private debt as a competitor to BSL market; KBRA sheds light on NAV loan usage

Our survey respondents believe private debt is a credible alternative to the BSL market. Plus: KBRA sees demand growing for rated NAV loans; and PennantPark fund close beats target.

Loan Note: Arcmont steps onto the impact fundraising trail; Allianz forms wealth partnership

Arcmont becomes the latest European fund manager to hit the impact debt fundraising trail. Plus: Allianz and AITi join forces with a wealth programme; and the Yellow bankruptcy case takes a twist.

Loan Note: BC Partners unveils deal to lend to small and medium-sized regional banks

BC Partners has teamed up with Piper Sandler to loan money to regional banks. Aquarian takes a stake in clean energy lender PACE; and Pemberton prices its second CLO.

Loan Note: Our awards 2024 start here; Proskauer notes default rate decline

Our annual awards are back, and we want your submissions. Plus: Proskauer finds the default rate is falling; and Investec teams up with Ares in fund finance.

Loan Note: AustralianSuper hires valuation pros; Cliffwater study looks at private debt risk/return

AustralianSuper hires for valuation. Plus: Cliffwater maintains that private debt offers good return for risk taken; and Stifel launches a new fund for tech firms in the US.