Ares completes sustainability-focused mega-loan as advisory firm calls for a greater ESG focus on due diligence. Plus: CVI progresses breakthrough fund for Central European direct lending and 17Capital is seeing unprecedented dealflow for portfolio finance. Here’s today’s brief for our valued subscribers only.
4 min read · 12 August 2021
There is no uniform view on what should come next as the reference rate for loans, but decisions will need to be taken soon.
3 min read · 12 August 2021
The private debt market has reasons for optimism based on the findings of a new study into borrowers and how they are being financed.
1 min read · 11 August 2021
Leverage remains at modest levels, even in those companies performing most strongly. Plus: a new report on US state pension performance and the data showing average fund size shooting up. Here’s today’s brief for our valued subscribers only.
4 min read · 09 August 2021
The private debt firm has written a giant direct loan, its first to have a margin linked to ESG targets.
3 min read · 09 August 2021
The default rate has fallen to a notably low level thanks to government support, but there should be no room for complacency.
2 min read · 05 August 2021
The investor’s fifth special situations vehicle saw huge demand above its hard-cap.
2 min read · 05 August 2021
Sovereign wealth funds have picked up their investment pace in July with a strong focus on local markets. Also: CVC prices two CLOs in one week and Monroe poaches an MD from Manulife. Here’s today’s brief for our valued subscribers only.
4 min read · 05 August 2021
The US public pension has backed Blackstone’s latest tactical opportunities fund.
1 min read · 05 August 2021