Europe

Four CLO closings in 2025: six refis or resets as Dallas company seeks to scale.

The €590bn Dutch pension fund manager has awarded an impact-focused portfolio to UK-based Schroders Capital.

The amount includes €600m contributed by Brookfield.

A rise in ventures targeting programs of less than $100m a loan should be viewed as a barometer for broader commercial real estate financing markets.

Fund V will follow its predecessor strategy of backing private equity-backed companies in defensive sectors.

The credit manager said economic conditions were causing private equity managers to seek additional funding for their portfolios.

The fund will follow Flexam’s established strategy of securing loans to SMEs against mission-critical assets.

With Fannie Mae and Freddie Mac potentially in line to lose their grip on the US residential mortgage market, might SWFs be among those filling a financing gap?

‘Bad boy’ guarantees offer lenders protection from unscrupulous sponsor behaviour, but definition and enforcement may present challenges, writes Stephenson Harwood’s Daniel Andrews.

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