Asset-backed finance

PDI Awards 2025: Just one more day to enter!

Entries for the PDI Awards 2025 must be received by midnight (PT) on 21 November.

Where family offices are hunting alpha in private debt

Germany’s Perpetual and Lithuania’s Willgrow are targeting new or niche areas of illiquid credit, as double-digit returns get harder to come by from the asset class.

PDI Awards 2025: Deadline for entries extended

Entrants now have until 21 November to submit their entries for the PDI Awards 2025.

Fresno County plans credit spend despite apprehensions about PIK, other risks

The board of $7bn California pension challenged its consultant, Aksia, on how its portfolio was preparing for private credit unknowns amid a ramp-up to system’s allocation target.

PDI Awards 2025: Last week to submit your entries!

Entries for the PDI Awards close on 14 November.

Derivative Path: Private credit grows to embrace hedging strategies

Hedge management is increasingly becoming a core strategy for managers seeking to better handle risk, says Brett Morrell, head of risk solutions at Derivative Path

Ares CEO says it avoids trade finance, seeks to reassure on credit cycle

Michael Arougheti, Ares’ CEO, views subprime lender collapses as ‘idiosyncratic and isolated’, not signifying a turn in the credit cycle.

Aviva’s Bockelmann on the shift from cashflows to assets

Ahead of December’s Women in Private Markets Summit, Aviva’s Melissa Bockelmann discusses investor appetite for asset-based lending.

Apparent ABF fraud hits BlackRock’s HPS

The world’s largest asset manager and its recently acquired private credit business are among the victims of the alleged fraud by entities now in bankruptcy.