News & Analysis

A story we’ve read before: the MSR textbook

Satish Mansukhani of Rithm Capital Corp sheds light on the lessons that private credit can learn from the evolution of the mortgage servicing right.

NAV financing presents an ESG challenge

Uncertainty about the use of proceeds poses an issue for NAV lenders looking to manage ESG risks.

Loan Note: Fitch report questions whether sponsors will maintain support; tokenisation comes to the infrastructure market

Sponsor support for troubled companies can no longer be taken for granted, says Fitch; tokenisation arrives in the infrastructure private funds market; and a rebranded Tiptree is formed.

PIMCO’s Trausch: ‘A tsunami of refinancing is coming’

Speaking at the PERE Network Europe Forum, the CEO and CIO of the asset management giant said Europe’s debt funding crisis is about to intensify.

Blue Owl Capital acquires Prima, hires GIC vet in private credit push

Jesse Hom will join the firm in June as it looks to expand its real estate presence amid bank lending pullback.

Loan Note: Politics affects investor appetite for energy transition; strong performance continues in US mid-market

Investors’ appetite for alternative energy dips a little amid political concerns; Golub finds resilience in the US mid-market; and Blue Owl launches a real estate financing platform.

KKR eyes more than $300bn of fresh capital through 2026

The buyout firm is on a path to reach $1trn in total assets in the next five years.

Delaware bankruptcy court ruling favours distressed debt investors

The latest twist in trucking company Yellow’s litigation may bring some relief to funds holding debt of firms engaged in pension controversies.