Loan Note

Golub index finds US mid-market continues to show resilience; Goldman suggests structure of private credit deals may change; and a new tokenisation effort in Singapore.

Schroders Capital launches tokenisation initiative; Eiffel Investment hits halfway mark for ‘first impact fund’ for European SMEs; and it’s time for your Rising Stars nominations.

Federated Hermes highlights companies struggling with leverage and increased cost of debt; BlackRock endorses ELTIF 2.0; and it’s time for your Rising Stars nominations.

Fitch finds sponsor support may only delay the inevitable when it comes to defaults; Oaktree foresees a refinancing struggle for some borrowers; and Spain’s Qualitas plans to launch a new credit fund.

Violence in the US unlikely to spread to Europe; opportunities and challenges identified by AXA IM Alts; and private credit returns going strong.

European private debt volumes suffer as broadly syndicated market lands counterpunch; scrutiny of hurdle rates in higher rate environment; and NXT and Cresset join forces for lower mid-market deals.

Significant risk transfers are the latest manifestation of bank/fund complementarity, according to KKR; bankruptcy level stays constant; and Capza raises significantly more for its latest European fund.

AIC finds private debt performance standing up well versus comparators; direct lending volume dips but leveraged buyout financing is on the rebound; and NAV specialist 17Capital makes move into GCC.

Fitch finds defaults rising amid healthcare struggles; Monroe notes a strengthening US leveraged loans market; and MidOcean wraps up a new opportunistic credit fund.

Coller finds strong appetite for private credit; European mid-market performing well; and new private credit blockchain solution launched.