Research & Data

SNC report shows steep rise in US troubled loans

The Shared National Credit Program has clocked a 38% increase in ‘non-pass’ loans to $572bn; Marblegate sees opportunity.

Data: Distressed fundraising driven by economic cycles

Fundraising for distressed debt strategies continues to follow broader trends, after a poor 2023 for fundraising across the private credit space.

Blue Owl to pay $1bn total for insurance exposure in KAM, Kuvare deals

Purchase of boutique manager and life and annuity business adds $20bn to the firm’s AUM.

Why PE-backed take-private deals are more popular than ever

Blackstone took online pet care marketplace Rover private for $2.3bn, and Vista took software developer EngageSmart private for $4bn.

Dai-ichi invests more than $1.5bn for Canyon Partners deal

The majority of the giant Japanese life insurance group’s investment is as an LP; it also takes a 19.9% stake in the credit-orientated manager.

Vidrio and AW survey: Investors’ appetite undeterred by denominator effect

Credit strategy’s slice of the alternatives pie grew to $32.4bn in 2023 from $27.1bn the previous year.

Impact Community Capital finds opportunity in financing affordable housing

The firm closed $166m of deals, for nearly 2,000 units, in Q4 2023.

KKR leads $500m HarbourView music catalog securitisation

Music royalties backed the financing.

GoldenTree closes debut private credit fund

Commitments total $1.35bn, including $50m from partners and employees.

Kirkland and Fried Frank top our Fund Formation League Table

The table tracks the number of funds advised and the aggregate value of funds advised.