News & Analysis

Jirí Król: How the UK has achieved a good balance in its securitisation reform proposals

Competitiveness and investor protection are given equal standing and weight throughout the proposals, writes the global head of the Alternative Credit Council.

Specialisation and investing in Europe are key trends for the rest of 2026

The coming months are expected to build on the fundraising momentum of 2025, as investors take a bullish stance on pursuing alternatives to direct lending and the US, says Jess Larsen of Briarcliffe Credit Partners.

Loan Note: Andalusian BDC joins with Carlyle; Värde in SRT agreement with Klarna

Andalusian and Carlyle sign joint venture. Also, Värde reaches SRT deal with Klarna; and Sona bolsters its Japan connections. Here’s today’s brief for our valued subscribers only.

Tikehau and Amova launch Asia private markets joint venture

The new venture will focus on decarbonisation strategies in private equity and private credit.

How asset-based finance is finding its role in commercial real estate portfolios

Some real estate managers see ABF as a natural extension of their core strategies, rather than a shift away.

Ares raises $9.8bn for opportunistic credit fund

The Los Angeles-based manager exceeded the fund’s target fundraise as well as its prior vintages.

Moody’s: bank NDFI exposure grows to $1.4trn at year-end 2025

Loans to non-depository financial institutions were some of the fastest expanding areas of lending for large US banks.

Private credit exposure to AI risks driven by incentive structures – report

Private debt funds face exposure to AI-disrupted industries in approaching 60% of assets, driven by a culture focused on origination rather than portfolio management.

Semi-liquid funds: The hits keep coming

By now there is widespread acknowledgement that something is awry in private credit, both with redemptions in semi-liquid funds and valuations.