Loan Note

Loan Note: Five reasons for faith in private debt; corporate defaults on the up

A recovering M&A market and further bank retrenchment are among the factors giving Manulife confidence in private debt. Plus: S&P notes the rise of corporate defaults; and ADM Capital launches a new impact fund in Indonesia. Here’s today’s brief for our valued subscribers only.

Loan Note: Optimism around private debt performance; the growing use of perpetual vehicles

Direct lending and opportunistic investing are both tipped for good times ahead by Cambridge Associates. Plus: BlackRock finds the size of private debt’s total addressable market increasing; and Cliffwater identifies a rise in the popularity of perpetual vehicles. Here’s today’s brief for our valued subscribers only.

Loan Note: Time to get voting in our annual awards; Asia-Pacific’s private debt gap

Our 2023 awards voting is underway in 51 categories. Plus: KKR outlines the growth potential of Asia-Pacific; and investors warm to credit. Here’s today’s brief for our valued subscribers only.

Loan Note: View our latest PDI 200 and GI 50 rankings; Europe deal mood upbeat

Five investors share their thoughts on key themes, and we present our PDI 200 and GI 50 rankings of the world’s biggest fundraisers and LPs in private debt. Plus: further evidence of deal recovery in Europe; and Christian Faes’s new real estate bridging finance fund. Here’s today’s brief for our valued subscribers only.

Loan Note: US BDCs face looming headwinds; Europe’s deal market looking rosier

Fitch warns that business development companies may be facing challenges heading into 2024. Plus: Europe’s deal market bounces back in Q3 2023; and the Indian private equity firm expanding into private debt. Here’s today’s brief for our valued subscribers only.

Loan Note: ADM Capital on the Asia-Pacific fundraising scene; the challenges facing Europe RE debt

ADM Capital shares insights into Asia-Pacific fundraising. Plus: Mubadala’s timely investment in Starz; and the debt service challenge for European real estate debt. Here’s today’s brief for our valued subscribers only.

Loan Note: Private debt luring dollars from private equity; investors accept a new era has dawned

Flexstone highlights a shift from private equity to private debt. Plus: why the higher-rate environment is no short-term blip; and Ares makes progress on its latest direct lending fund. Here’s today’s brief for our valued subscribers only.

Loan Note: S&P waves mid-market red flag; Asia-Pacific shows hints of growth

S&P has concerns around debt maturities and defaults in the private debt mid-market. Plus: signs that Asia-Pacific might finally come of age; and private debt manager searches still going strong, according to Bfinance. Here’s today’s brief for our valued subscribers only.

Loan Note: Special situations boom in the making; concerns over US real estate

Special situations opportunity ‘most attractive since GFC’. Plus: all eyes on underperformance in US real estate; and M&G launches a new ELTIF strategy. Here’s today’s brief for our valued subscribers only.

Loan Note: Better documentation for lenders revealed; private companies outperformed in Q3

Improved lender documentation confirmed by new study. Plus: Lincoln index reveals private companies outperforming S&P 500 in Q3; and Fitch highlights worries over UK and German credits. Here’s today’s brief for our valued subscribers only.