A recent survey by Private Debt Investor underlined the growing popularity of asset-based lending among investors. But although opportunity exists, John Bakie finds there are also barriers to entry
6 min read · 20 February 2020
The Baltimore-based public pension has backed a private debt fund focused on royalty financing.
1 min read · 19 February 2020
High levels of debt have come at a time when credit quality is declining and record numbers of BBB bonds have been issued.
2 min read · 19 February 2020
Amid a major downturn in fundraising activity, distressed debt funds are bucking the trend, indicating that investors see difficult times ahead.
3 min read · 18 February 2020
The UK’s regulator has thrown its support behind the SONIA benchmark as a replacement for LIBOR, which could have knock-on consequences for private debt documentation.
3 min read · 17 February 2020
John Kissick is stepping away from the business he co-founded in 1997, with 15-year Ares veteran Kipp deVeer taking his place around the table.
2 min read · 13 February 2020
The London-based firm is also preparing to launch a CLO as it makes plans for an unpredictable year in the credit markets.
2 min read · 13 February 2020
The firm continues to diversify its asset base to achieve its ambitious long-term fundraising goals.
2 min read · 13 February 2020
Private debt is behind other alternative asset classes when it comes to secondary activity and opinions differ as to when it’s worth taking seriously.
3 min read · 13 February 2020