News & Analysis

Impact investing gets serious

Fundraising by private debt firms for impact strategies appears to be picking up, even as ESG integration into mainstream strategies may be declining.

Loan Note: Arcmont steps onto the impact fundraising trail; Allianz forms wealth partnership

Arcmont becomes the latest European fund manager to hit the impact debt fundraising trail. Plus: Allianz and AITi join forces with a wealth programme; and the Yellow bankruptcy case takes a twist.

Credit investing brings record quarterly origination volume for Apollo

Management fees and total inflows in Q3 were buoyed by growth in the credit unit.

Jiří Król: We need to talk about retail

The range of retail products now being developed means that the debate on retailisation increasingly has its own momentum, says Jiří Król, global head of the Alternative Credit Council.

Ares deploys $24.1bn from private credit strategies in Q3

Credit accounted for more than 80% of the manager’s deployment in the latest quarter.

Loan Note: BC Partners unveils deal to lend to small and medium-sized regional banks

BC Partners has teamed up with Piper Sandler to loan money to regional banks. Aquarian takes a stake in clean energy lender PACE; and Pemberton prices its second CLO.

Issuers seek remedies as defaults rise

While enthusiasm grows as lower interest rates hint at a revival of dealmaking, the future for defaults and interest coverage ratios remains mixed.

Investors want direct lending and senior positions – BlackRock

Established managers dominate fundraising and expand the addressable class of borrowers, according to a paper by the manager.