Loan Note

Loan Note: Politics affects investor appetite for energy transition; strong performance continues in US mid-market

Investors’ appetite for alternative energy dips a little amid political concerns; Golub finds resilience in the US mid-market; and Blue Owl launches a real estate financing platform.

Loan Note: The struggles of ARR loans; direct lenders face revived syndicated market

Fitch puts spotlight on struggling annual recurring revenue loans; KKR identifies a syndicated market fightback versus direct lending; and why geopolitics should be viewed through more of a long-term lens.

Loan Note: Cliffwater index shows positive returns outcome; AGL, Barclays launch new credit platform

2023 returns for US mid-market corporate loans beating long-term averages; ADIA-backed credit platform launches; and survey finds growing concern over regulatory fines.

Loan Note: European private credit outperforming syndicated loans; Fitch expects rise in defaults

New European private credit index reveals plenty of positives; Fitch points to uptick in both deal activity and defaults; and Oaktree says opportunistic deals are set to flourish.

Loan Note: ECB warns on real estate debt risks; Yieldstreet signs major deal to expand alternatives access

The ECB believes commercial real estate debt is an emerging economic risk; Yieldstreet teams up with Wilshire to expand private credit access; and Barings’ woes continue with a BDC outlook downgrade.

Loan Note: Periodic stress will characterise ‘shadow banks’ says S&P; Goldman wraps up co-investment vehicle

S&P report reveals concerns over ‘shadow banks’. Plus: Goldman’s new credit/hedge fund vehicle; and a tough year for European leveraged finance. Here’s today’s brief for our valued subscribers only.

Loan Note: CalPERS delivers allocation boost; new strategic partnership for Blackstone

California pension giant sets sights on bigger private debt and private equity allocations. Plus: Blackstone teams up with Key Corp; and Partners Group launches into royalties. Here’s today’s brief for our valued subscribers only.

Loan Note: Concerns mount over debt recoveries; ADIA reinforces relationship with Cheyne

S&P finds continuing high interest rates threatening debt recoveries. Plus: ADIA underlines its faith in Cheyne Capital; and fundraisers are increasingly looking overseas. Here’s today’s brief for our valued subscribers only.

Loan Note: Private debt’s place in state pension portfolios; investors bullish about private markets

Private debt sees strong asset growth and modest allocation growth within US state pension portfolios. Plus: Manulife and Hamilton Lane complete fundraisings; and Adams Street finds confidence high in private markets. Here’s today’s brief for our valued subscribers only.