Asset-backed finance

Blue Owl to buy Atalaya, for $450m, by year’s end

Like its purchase of Prima in April, the transaction looks to expand Blue Owl’s footprint in private credit.

Blackstone hires Dickson to lead client relations

The former global head of investment banking at Citi will head a new group within the Credit & Insurance platform.

Northleaf: The advantages of niche asset-based speciality finance

Attractive return profiles and strong lender protections with limited loss rates are key benefits of ABSF, says David Ross, managing director and head of private credit at Northleaf Capital Partners.

LCM Partners on asset-backed lending: A heterogeneous asset class

Given the diverse nature of the asset class, and the number of new asset-backed lending strategies coming to market, the importance of manager selection should not be underestimated, says Paul Burdell, co-founder and CEO at LCM Partners.

Goldman Sachs AM on the tailwinds behind asset-based finance

One attraction is that assets offer a diversification play relative to other fixed income exposures, says Goldman Sachs Asset Management’s Kevin Sterling.

LPs wake up to speciality finance opportunity

Investors prefer more targeted strategies to mainstream mid-market direct lending.

Why fund managers are embracing more unconventional forms of finance

Leading fund managers and investors discuss five key trends driving private debt’s most esoteric array of alternative investments.

Five key trends in speciality finance: Asset-based lending

Lending secured by assets on a company’s balance sheet is a growing form of finance.

KKR: Why asset-based finance is gaining more attention

Asset-based finance can be strongly complementary to direct lending, says Dan Pietrzak, partner and global head of private credit at KKR.