News & Analysis

As recovery rates plunge, a new report points to second-lien mortgages, European SME ABF and US equipment finance as areas of opportunity.

How technological enthusiasm, even when well founded, can be a disastrous substitute for due diligence.

Developing markets saw an annual record of $18 billion of private credit by the end of Q3 2025. Also, a growing number of US small businesses face bankruptcy proceedings. Here’s today’s brief for our valued subscribers only.

The enforceability of default interest clauses has long been a critical issue for lenders and investors in the private debt market. Donna Newman and Peter Sequeira of Stephenson Harwood examine the lessons from Houssein v London Credit.

The fund is part of a joint venture with SMBC and aims to have €5bn of total deployable capital.

The fund, launched in 2023, exceeded s $4.5bn target, and will focus on both public and private firms.

MLEND will be available to clients of financial advisers through US-based RIA and broker-dealer networks

The opportunistic debt fund beat its $1bn target and will focus on high-quality office assets in New York City.

Private credit is the ‘centre of gravity’ for capital formation labour markets, according to Jensen Partners.