The listed direct lender has completed 17 loans since its IPO in December and says it is on target to hit its 2017 4% dividend yield target.
1 min read · 16 June 2017
The appointment of a secondaries broker began the process of the $2.5bn pension fund reducing its private equity exposure – a move driven by low yields. It is now preparing to invest more in private credit.
2 min read · 16 June 2017
Private debt fund fees have been in decline, reflecting the changing nature of the investor base.
2 min read · 16 June 2017
Firms taking on governance, rather than ownership, of non-performing loans are still taking on downside risk as part of their business operations.
2 min read · 15 June 2017
As banks in Europe shift their focus to smaller corporates, some direct lenders are being forced to reassess their approach as they find themselves squeezed out of larger tickets.
2 min read · 15 June 2017
The portfolio of NPLs is secured against mortgages originated by Italian bank Banco BPM.
2 min read · 15 June 2017
Jiri Krol, deputy CEO of the Alternative Credit Council, argues for private debt’s resilience and believes Brexit has a ‘silver lining’.
3 min read · 15 June 2017
The firm’s Asset Backed Income Fund is eyeing higher-yielding sectors as its traditional areas of investment see yield compression.
2 min read · 15 June 2017
The US pension acquired four stakes in Crescent Capital and Czech Asset Management funds, documents from its latest investment committee meeting show.
1 min read · 15 June 2017
Fixed income accounts for 18.5% of the pension plan’s $3.96bn portfolio, below its 21% target.
1 min read · 13 June 2017
