AI may not be taking over the world, but it’s made an advance into cash reconciliation. Plus: reflections on the new private fund rules announced yesterday in the US; and Lincoln International finds senior debt prospering. Here’s today’s brief for our valued subscribers only.
5 min read · 24 August 2023
An introduction to Private Debt Investor’s performance benchmarks. Plus: why BDCs are protected against economic challenges; and new deals struck by Hidden River and Blazehill. Here’s today’s brief for our valued subscribers only.
5 min read · 21 August 2023
Book from Runway founder charts the rise of venture debt. Plus: Castlelake teams with Oportun for personal loans; and Bridgepoint prices its first CLO this year. Here’s today’s brief for our valued subscribers only.
5 min read · 17 August 2023
Secondaries activity across alternatives as a whole is subdued, but a strong performance from debt is bucking the trend. Plus: fundraising data supports anecdotal evidence of a resurgence for junior capital; and the latest key hires. Here’s today’s brief for our valued subscribers only.
4 min read · 14 August 2023
KKR’s asset-based finance strategy buys auto portfolio. Plus: Tikehau celebrates fundraising success; and Bain reports strong dealflow. Here’s today’s brief for our valued subscribers only.
5 min read · 10 August 2023
Eaton Partners finds PE firms worrying about the tightened credit environment. Plus: a new fund close for InterVest; and Connection Capital concludes high-net-worth investors are still hungry for alternative investments. Here’s today’s brief for our valued subscribers only.
4 min read · 08 August 2023
Default rates rising in high yield and leveraged loans, Fitch finds. Plus: Bootstrap acquires SVB German portfolio; and Oaktree puts the senior loans market under the microscope. Here’s today’s brief for our valued subscribers only.
6 min read · 03 August 2023
NAV loans may be an expensive form of financing, but they’re on the rise. Plus: office losses hit Goldman portfolio; and Carlyle backs auto finance platform. Here’s today’s brief for our valued subscribers only.
4 min read · 31 July 2023
Goldman Sachs takes keen interest in real estate debt. Plus: distress rising in US CRE market; and Apera is the latest private debt firm to sell a stake in itself. Here’s today’s brief for our valued subscribers only.
7 min read · 27 July 2023