Asset-backed finance

HarbourVest report: Some LPs not taking a holistic approach to private debt

Investing sequentially, rather than simultaneously considering allocations in ABF and niche strategies, could be harming some LPs returns.

ABF may ease direct lending concerns

It remains to be seen how successfully direct lending can navigate current headwinds. LPs with heavy exposures may welcome the rise of asset-based finance.

Five alternatives to mid-market direct lending

Direct lending may be the most popular strategy for private debt investors, but heightened competition for deals means lenders are branching out.

Texas PSF eyes higher level of allocations to nascent private credit portfolio

Following a deployment of $4.1bn to private credit that started in 2024, the $57bn Texas system’s staff is pleased with returns and stability of high-conviction managers in asset class

Three key trends in European private credit

Europe’s private credit industry continues to offer opportunities for investors despite market headwinds.

Tariff uncertainty raises interest in ABL strategies

Some LPs say they haven’t made the move yet, but a large fundraise implies many already have.

Sky Leasing holds final close on $1.35bn

The fund beats its target, doubles its predecessor and reflects the return of creative aircraft financing.

Crayhill closes $1.3bn ABF fund

The fund seeks to monetise assets independently of a borrower’s overall performance.