Alaska's huge $750m separate account with Apollo, focused purely on credit strategies, shows just how important private debt has become for institutional investors and is further proof that such accounts are growing in popularity.
3 min read · 30 May 2014
A recent government-backed survey has found SME borrowers are dissatisfied with their banking partners, while another report suggests many are declining to access external financing altogether. The finds come as the UK Government considers a law that would compel banks which decline loan applications to refer the potential borrower to private debt funds.
3 min read · 29 May 2014
ICG’s fundraising success through the last 12 months speaks to a broader acceptance of new strategies.
3 min read · 23 May 2014
Demand for financing is growing in neglected parts of the market, according to a Laxfield Capital’s second Debt Barometer report.
3 min read · 23 May 2014
Yields in the European leveraged loan market fell below equivalent US figures, according to a Marlborough Partners report, citing S&P Capital IQ LCD data.
3 min read · 06 May 2014
S&P figures for both Europe and the US show leverage multiples are creeping back up to pre-crisis levels.
2 min read · 29 April 2014
Numericable’s jumbo high yield bond issue this week set a new benchmark as the biggest to date, and in so doing, provided a welcome insulin spike to the moribund European M&A market.
3 min read · 25 April 2014
Private debt firms stand to benefit from clarified regulatory guidelines on leveraged lending.
3 min read · 18 April 2014
Global distressed activity has fallen, but signs point to a re-emergence of opportunities.
3 min read · 11 April 2014
The supply-demand imbalance in the European loan market is leading to more highly leveraged transactions and more borrower-friendly terms, the ratings agency warns.
2 min read · 10 April 2014
