News & Analysis

LCM’s Paul Burdell on finding gaps in the private credit market

In the second episode of our Decade of Private Debt podcast miniseries, Burdell discusses the evolution of private debt and banking oversight over the past 10 years, the impact of regulations, as well as LCM’s unique position in the industry.

Citi breaks into private credit with LuminArx partnership

The bank will source deals for strategic financing venture, anchored by more than $2bn from the asset manager and institutions.

Arcmont secures €10bn for fourth direct lending fund

The fund is the firm’s first flagship since it was acquired by Nuveen in 2023 and will enable it to be more active in the large loan space.

Loan Note: LPs confident in private debt prospects; Europe has largest real estate financing gap

LPs are keen to commit more to private debt, buoyed by strong performance. Plus: AEW reveals the extent of Europe’s real estate financing gap; and Nuveen Private Capital strengthens Korea presence. Here’s today’s brief for our valued subscribers only.

Ares’ CEO Mike Arougheti on the huge potential for private debt’s future growth

In the first episode of our Decade of Private Debt podcast miniseries, Arougheti looks back at a decade of strategic growth in private credit, emphasising the importance of enduring relationships and the misunderstood, yet resilient nature of the market.

Are regulators barking up the wrong tree?

Leverage may be overestimated as a hidden danger within private debt, but the asset class creates its own issues due to a lack of data.

Loan Note: Bankruptcies soared last year, S&P finds; Goldman expects proportionately less capital from private wealth

S&P finds corporate bankruptcies reaching their highest level since 2010. Plus: Goldman expects capital to fall, relatively speaking, from the private wealth channel; and new co-heads for Permira Credit. Here’s today’s brief for our valued subscribers only.