Loan Note: Why PIK can be both smart and worrying; consolidation trend tipped to quicken

LPs concerned over bad PIK. Plus: survey expects GP consolidation to gather pace; and AlbaCore hires a team from UBS to launch into infra debt. Here's today's brief for our valued subscribers only.

ByPEI Private Credit Staff Writer

15 September 2025•5 mins read

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Loan Note

Loan Note: Why PIK can be both smart and worrying; consolidation trend tipped to quicken

AlbaCore Capital Group

Brookfield Asset Management

Castlelake

Los Angeles Fire & Police Pension System

Sumitomo Corporation

UBS Asset Management

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