BDC

The manager confirmed the OBDC and OBDC II merger is terminated and it will re-evaluate alternatives.

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

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

Meanwhile, direct lenders discover that offering a PIK option enhances their appeal.

Entries for the PDI Awards close on 14 November.

Ruth Yang, managing director and global head of private markets analytics and thought leadership at S&P Global Ratings, provides a forward-looking perspective on how transparency, technology and technicals will shape the capital markets of the future.

Research and development efforts are increasingly focusing on the formation of evergreen and bank-like structures to attract insurance and wealth investors.

Nascent fears over credit market health and lending standards weigh on the earnings of the manager, which is staking its future on ABF and retail investors.

With the retailisation of alternatives set to transform the industry, building brand awareness with individual investors has become a priority for managers.