News & Analysis

One LP’s view of speciality finance

Maryland pension executive Mike Fang will be one of the leading investor lights at our PDI New York Forum next week. His organisation has a reason for avoiding plain vanilla lending.

Loan Note: Chatham launches new CLO business; NAV loans under the spotlight at Fitch

Chatham makes hires for new collateralised loan obligation business. Plus: Fitch brings NAV loans into its ratings universe; and Ocorian exposes North American GPs’ concerns over EU regulations.

ICG closes huge $17bn senior debt fund

The fund is thought to be one of the largest ever raised for private debt investment in Europe.

Sound Point Capital closes fund on $1.2bn

Manager’s third direct lending fund nets the strategy’s largest capital commitment and exceeds an internal target.

Florida SBA faces setback in efforts to introduce CFOs

The $257bn pension has been seeking alternatives to secondaries sales to avoid taking massive discounts in such transactions.

Golden era over but still plenty to offer

Florian Hofer of Golding Capital Partners will be marking private debt’s scorecard at our PDI Germany Forum in Munich. Resilience through crises is a factor in its favour.

Why ESG is now a major talking point

From modest beginnings, the relationship between private debt and ESG is gathering momentum. Priscilla Schnepper of the European Investment Fund will discuss key developments at our PDI Germany Forum.

Fitch wades into rating NAV loans

Agency publishes criteria for NAVs backed by LP secondaries interests, with plans to rate other NAV types down the road.