Research

Monroe Capital, Sumitomo and MA Asset Management go ‘old school and bottom up’ in JV

The joint venture will invest up to $1.7bn in US mid-market borrowers, and leverage their distinct strengths.

Sky Leasing holds final close on $1.35bn

The fund beats its target, doubles its predecessor and reflects the return of creative aircraft financing.

Northleaf closes third fund with $1bn to invest

The vehicle’s final size includes SMAs and a rated note structured for insurance companies.

Fitch Ratings: Base case for risk is ‘fairly benign’

Uncertainties about inflation, a trade war and government debt remain worries.

AEA’s Jung has a cautious view on 2025

Amid industry optimism on M&A, firm’s head of private debt sees rising need for recapitalisations and refinancings.

BC Partners Credit to acquire Runway Growth

Agreement, expected to close by end of 2024, gives BP Partners benefit of Runway’s expertise in ‘growth lending’.

KBRA sees a tension in the rating of feeder funds

New report from rater surveys the key legal features observed in rated transactions.

KKR identifies potential $300bn credit gap as banks scale back lending

Alternative lenders and the commercial mortgage-backed securities market could help plug the gap, per a report released this week.