Janet Yellen puts the regulatory focus on non-banks. Plus: real estate deal volume tracks down; and Partners Group highlights how private markets are increasingly usurping their public equivalents. Here’s today’s brief for our valued subscribers only.
5 min read · 27 April 2023
Non-traded fund will invest in senior secured direct loans as a vehicle for HNW individuals demanding uncorrelated yield.
2 min read · 26 April 2023
There were multiple $1bn-plus fund finance transactions in the market in the first quarter with at least 30 new entrants to the market, according to a report from PJT Park Hill.
3 min read · 26 April 2023
The fund will be managed by David Renshaw and Richard Howe, who joined Fiera from Cheyne last year.
1 min read · 26 April 2023
One-third of the maturing loans were made by CMBS lenders a decade ago; the report also finds transaction volume in February plunged from the previous year.
3 min read · 25 April 2023
The loan servicing firm is understood to have appointed Investec to market it to prospective buyers.
2 min read · 24 April 2023
Blackstone’s president and chief operating officer considers real estate debt to be ‘an area of growth’ for the firm.
3 min read · 24 April 2023
The fund, which closed on its hard-cap of $2.2bn, will focus on ‘dislocated performing credit, stressed and distressed investments’.
2 min read · 24 April 2023
The European fund manager beat its target for the strategy and points to a ‘fertile investment environment’
2 min read · 24 April 2023
AXA IM Alts highlights the growth of the significant risk transfer market. Plus: Oaktree’s Howard Marks expresses concern about commercial real estate; and S&P highlights various potential stresses in the system. Here’s today’s brief for our valued subscribers only.
5 min read · 24 April 2023
