Deals

The impact conversation is moving beyond SFDR

Impact and SFDR classification has always been an awkward marriage. It’s no surprise sophisticated market actors are moving away from it.

Lombard Odier unit sees growth in sustainable private credit

Manager finances energy storage developer as part of a broader expansion of US operations to take advantage of the Basel III endgame and ABL.

Why allocations are waiting in the wings for ABL

The next wave of private debt is just starting to build – and it’s called asset-based lending. But supply of GPs is not yet keeping pace with demand from LPs.

Why hedging rates has become a wild ride

Lenders accustomed to the ultra-low rate environment have had to adjust quickly to very different circumstances.

Aflac unit buys 40% stake in direct lender Tree Line

Tree Line’s ‘underwriting discipline’ attracted the insurance giant in its pursuit of exposure to mid-market direct lending.

Eldridge, Raymond James joint venture to offer private credit solutions

Insurance and investment manager teams up with M&A platform to offer private credit solutions to sponsor-backed companies.

Scale versus niche – the competing claims of cleantech

A Moody’s report and a Lombard Odier white paper offer different visions of risk and opportunity for lenders in the sustainability space.

Why CLO equity may be the next big thing

Private debt has found another area of financing where traditional players are struggling to maintain their dominance.

Blue Owl to pay $1bn total for insurance exposure in KAM, Kuvare deals

Purchase of boutique manager and life and annuity business adds $20bn to the firm’s AUM.

Dai-ichi invests more than $1.5bn for Canyon Partners deal

The majority of the giant Japanese life insurance group’s investment is as an LP; it also takes a 19.9% stake in the credit-orientated manager.