Regulation & Legal

Issues around private credit valuations and payment-in-kind instruments are on US Securities and Exchange Commission regulators’ radars, according to body officials.

Aston Martin, makers of James Bond’s iconic car, creates a JCrew-style trapdoor – BlackRock is both beneficiary and casualty.

The Dallas and New York Federal Reserve banks are seeking insights into the market, amid concerns about its health.

Examiners ask about funds by name in opening requests. Enforcement has picked up the scent, too, Private Funds CFO has learned.

A UK case provides clarity on the enforceability of default interest rates, according to Donna Newman and Peter Sequeira at Stephenson Harwood.

The legislation could provide new impetus for credit managers to back the most important sectors and regions for the US economy, writes Damien Dwin.

The industry body’s prior guidance was ‘silent on a lot of things’, chief executive Jennifer Choi tells affiliate title Secondaries Investor.

The Fed’s disciplined analysis of private credit stands in sharp contrast to the FSB’s too-broad definitions and the ECB’s skewed scenarios, argues the global head of the Alternative Credit Council.

Octaura, a trading platform, aims to address worrisome inefficiencies in syndicated loans markets and CLOs through its new ‘Insights Platform’.

ASIC said that updating valuations for 30 June should be an ‘immediate point of action’ for GPs and funds.