Research

Barings launches Infrastructure CLO at $508m

Manager sees an inflection point for infra lending via CLOs that marks a turn away from the banks.

Chu and other Tricolor execs indicted for bank and wire fraud

US attorneys claim Tricolor execs Chu, Goodgame, Kollar and Seibold fabricated data to obtain loans.

Phoenix Financial invests $5bn in Blackstone alliance

Israeli firm leverages Blackstone’s origination capability, including corporate, real estate and asset-based credit strategies.

European unitranche activity steady in Q3

Debt funds continue to lead the market, says Houlihan Lokey’s midcap monitor.

A PE roll-up gone wrong and the lenders who feel the pain

Is the problem a mark-to-model issue or the lack of a sound business plan by a mid-market concern?

Apparent ABF fraud hits BlackRock’s HPS

The world’s largest asset manager and its recently acquired private credit business are among the victims of the alleged fraud by entities now in bankruptcy.

Conference agrees that ABS fundamentals remain strong

Miami confab sees insurance demand, excess cash, containing spread widening.

Fitch: Systemic shock could expose private credit’s interconnectedness

The asset class’s growth, alongside spread compression and heightened competition have it approaching bubble status.