News & Analysis

US investors seek out new fundraising shores

Legislative uncertainty prompts LPs to look beyond US-focused direct lending funds, even as the market retains its dominance in private credit fundraising tables.

CLOs are ready for the retail wave

The key to strong activity levels is that the CLO structure has something to offer investors all along the capital stack.

Evergreens: Welcome to the Hotel California

Will retail investors find that they can check out any time they like, but they can (almost) never leave?

Loan Note: Pantheon opens secondaries to wealth managers; European unitranche posts strong quarter

Pantheon extends access to the wealth market. Plus: European unitranche deals on the up; and CapitaLand highlights APAC real estate debt opportunity. Here’s today’s brief for our valued subscribers only.

Why appetite for diversification may not be satisfied

With a wide range of strategic options, it may seem counterintuitive that last year saw LPs doubling down on well-established direct lending exposures. For many of them, committing capital to new areas is not as straightforward as it may seem.

European sponsored debt financing rose in Q2 – Houlihan Lokey

Report finds unitranche activity up by 12% in the region, albeit with ‘modest’ declines in private credit yields.

401(k) – no more putting the cat back in the bag

While unfair criticisms persist, reasonable questions remain about preventing problem assets being dumped on retail investors.

Loan Note: Australia reviews superfund performance tests; take-off for Castlelake aviation business

Spotlight falls on Australian superfund benchmarks. Plus: Castlelake launches new aviation lending business; and Pollen Street backs UK restructuring specialist. Here’s today’s brief for our valued subscribers only.