News & Analysis

Permira Credit chiefs reveal plans for growth in 2024

The firm’s new co-heads took over at the beginning of the year with plans for new products and geographies to expand the London-based manager’s debt footprint.

Churchill closes on CLO, Mubadala co-invests

Mubadala will hold the majority of subordinated notes in the $400m mid-market CLO.

KKR leveraged and alternative credit funds both rose in Q4

Earnings report beats analyst expectations, with credit fund performance lining up with other asset classes.

Loan Note: Zombies expected to rise in UK; Europe’s default rate looks to be levelling off

Uptick in distressed and special situations deals expected in the UK this year. Plus: Europe’s default rate looks set to stabilise; and why it’s a decent time to deploy capital in mid-market loans. Here’s today’s brief for our valued subscribers only.

Holdco financing: The view from the UK

Alex Griffith and Natalia Quiroga Porkhoun take a look at some of the similarities and differences between holdo financing in the UK and US.

The numbers are good, but not the whole story

It’s a rewarding time to be invested in private debt, but no one should get too carried away by the hype around the asset class.

Loan Note: Political outlook prevents clarity around prospects; LPs urged to tread carefully on NAV loans

AlbaCore finds returns outlook shrouded in uncertainty. Plus: why NAV loans have dirty connotations; and subdued mid-market debt issuance in the US. Here’s today’s brief for our valued subscribers only.