The US public pension has committed to two private debt vehicles.
1 min read · 19 April 2021
Proskauer dives into its 2020 deals and finds ‘covenant-loose’ was prevalent in the documents. Plus: Finverity seeks answers to the Greensill debacle and the UK market’s swift recovery. Here’s today’s brief for our valued subscribers only.
4 min read · 19 April 2021
The middle-market’s roughly 100bps premium over broadly syndicated loans is widely seen as a risk premium, but that’s not the case, says Antares Capital COO Timothy Lyne.
1 min read · 19 April 2021
The unit-linked fund will allow private pension investors to access unlisted credit opportunities.
2 min read · 16 April 2021
The Austin-based public pension has backed Taconic Capital’s latest distressed debt vehicle.
1 min read · 15 April 2021
Our latest fundraising data as the hangover from 2020 continues. Plus: how one fund is luring UK defined contribution pensions and new guidance for ESG criteria in leveraged loans. Here’s today’s brief for our valued subscribers only.
5 min read · 15 April 2021
They have gradually been making their presence felt, and many feel SWFs will soon become more ambitious when it comes to private debt.
2 min read · 15 April 2021
Michael Zerda, head of Blackstone Real Estate Debt Strategies in Europe, will take on Amy Klein Aznar’s role at LaSalle as she becomes executive chair of the debt and special situations business.
3 min read · 14 April 2021
The £100m fund will invest in illiquid and liquid strategies to meet the needs of highly regulated DC schemes.
2 min read · 14 April 2021
The Golub Capital Altman Index has clocked 16% earnings growth for the market in first two months of the year, but the firm’s CEO says policy creates “very substantial risks” for the economy.
4 min read · 13 April 2021