News & Analysis

US Supreme Court: Defendants have right to jury trial for securities fraud allegations

Case involving hedge funds lending to start-ups represents a blow to the SEC.

The rise of the first-out asset-based lending product

What are the advantages and disadvantages for lenders of the asset-based loan within a term loan, asks Charlie Perer.

Orix USA realigns private credit, brings on BlackRock’s Singhal

Manager splits the asset class into two verticals, with Singhal heading direct lending and Shtaingos leading securitised credit.

Tikehau signs deal for Asian distribution and product development

The deal with Japan’s Nikko Asset Management is expected to significantly increase Tikehau’s presence in Asia.

Loan Note: Syndicated resurgence puts private debt in the shade; hurdle rates not shifting despite interest rate rises

European private debt volumes suffer as broadly syndicated market lands counterpunch; scrutiny of hurdle rates in higher rate environment; and NXT and Cresset join forces for lower mid-market deals.

Impact credit is on the rise

A growing number of managers are looking to private debt in pursuit of positive impact.

The death of the private funds rule – and the aftermath (continued)

Protections weakened, LPs shoulder the burden; exempt managers not ‘out of the woods’.