A UK Government-backed scheme to spur banks into increased lending has so far failed to bear fruit, suggesting the funding gap shows little sign of closing in the near future unless other sources of debt can be brought to bear.
2 min read · 05 March 2013
Hedge fund manager Eyck Capital is expected to begin trading with its first European distressed debt hedge fund next month.
2 min read · 01 March 2013
Investors are increasingly looking for income-focused strategies that are less sensitive to interest rate and inflation shocks, with high yield bonds.
2 min read · 01 March 2013
The three co-founders of private debt manager Palio Capital Partners have joined asset manager Chenavari Investment Managers after failing to launch an IPO of their maiden fund.
2 min read · 01 March 2013
Babson Capital Europe has already started lending to distressed European businesses, as it works to finalise 20-30 commitments ahead of a projected September close.
1 min read · 28 February 2013
ECM Asset Management has launched European corporate-focused Luxembourg-domiciled UCITs absolute return fund attempts to capture rise and falls in the deleveraging credit cycle.
2 min read · 26 February 2013
The US collateralised loan obligation market is carrying over its 2012 momentum into 2013, with two recent funds from ING and Jeremy Ghose’s 3iDM.
3 min read · 26 February 2013
Distressed debt investment specialist Oaktree Capital Management is set to launch a European-focused direct lending fund to capitalise on dislocation in the continent’s credit markets.
1 min read · 22 February 2013
The ratings agency is warning Allianz Capital Partners, the Canada Pension Plan Investment Board and the Abu Dhabi Investment Authority that forward-looking tariff cuts might lead to a downgrade of part of the consortium’s outstanding debt commitments.
3 min read · 21 February 2013
The former head of 3i’s buyout division and the founder of 3i Debt Management have secured FSA approval this month for the launch of a private debt manager, dubbed Spire Partners.
2 min read · 20 February 2013
