Loan Note

Briarcliffe predicts increased allocations off the back of private debt’s ‘abundant attractions’. Plus: a new infrastructure debt fund is launched by Schroders Capital; and defaults are heading up, but not to unprecedented levels. Here’s today’s brief for our valued subscribers only.

Challenges ahead for the asset class, but KBRA thinks they can be overcome. Plus: why football has become a talking point among lenders; and US pensions confident about their inflation hedging. Here’s today’s brief for our valued subscribers only.

PDI Europe Summit finds more investment areas shifting away from the banks and towards private debt. Plus: Proskauer sees direct lending deal slowdown; and US mid-market debt issuance falls. Here’s today’s brief for our valued subscribers only.

Carlyle highlights opportunity for private debt but also concerns. Plus: banking turmoil seen as a one-off; and BlackRock finds positive sentiment prevails among investors. Here’s today’s brief for our valued subscribers only.

Janet Yellen puts the regulatory focus on non-banks. Plus: real estate deal volume tracks down; and Partners Group highlights how private markets are increasingly usurping their public equivalents. Here’s today’s brief for our valued subscribers only.

AXA IM Alts highlights the growth of the significant risk transfer market. Plus: Oaktree’s Howard Marks expresses concern about commercial real estate; and S&P highlights various potential stresses in the system. Here’s today’s brief for our valued subscribers only.

Golub Capital index finds US mid-market companies proving surprisingly resilient. Plus: France challenges the UK’s status as Europe’s leading private debt market; and Värde Partners anticipates a deep credit cycle. Here’s today’s brief for our valued subscribers only.

Fitch cites reasons for concern as private debt faces “biggest test” since GFC. Plus: Davidson Kempner makes the case for opportunistic credit; and RBS International finds hitting science-based targets is proving a tough task. Here’s today’s brief for our valued subscribers only.

The hunt for yield may have been replaced by the hunt for capital, but KKR thinks it’s still good news for private debt. Plus: two surveys contain promising indications of investor sentiment; and we bring your attention to our Mid-Market Lending report. Here’s today’s brief for our valued subscribers only.

Our April cover story examines prospects for the non-sponsored market. Plus: the drop in fees for continuation vehicles; and growing demand for private debt from insurers. Here’s today’s brief for our valued subscribers only.