Collateralised loan obligation losses could hit $100bn in the next two years, one firm predicts.
4 min read · 07 April 2020
The latest of its direct lending fund series, launched late last year, aims at an increasing opportunity in the small and mid-sized end of the market in Asia-Pacific.
2 min read · 07 April 2020
What liquidity options do firms have as they seek to navigate their way through the covid-19 crisis? Patrick Schoennagel of Houlihan Lokey investigates.
3 min read · 24 March 2020
Returns are coming under pressure in the direct lending market, but the lack of other options means it will remain popular for the foreseeable future. Andrew Hedlund reports
5 min read · 16 March 2020
First Eagle Alternative Credit has wrapped up its first fund since being formed from First Eagle Investment Management’s acquisition of THL Credit last month.
2 min read · 07 February 2020
More covenant headroom, slimmer credit spreads and a mountain of capital: that’s how many industry practitioners are assessing current market conditions – not just for the upper mid-market or the broadly syndicated market, but all segments of alternative credit. But direct lending is still king among private debt strategies. Investors continue to embrace the strategy, […]
3 min read · 05 February 2020
The purchase comes as other US-based managers have launched Asia-focused funds, including those that have been in the region for some time.
3 min read · 21 January 2020
Unitranches, mid-market CLO issuance and leverage are all topics that could be big in the new year.
3 min read · 03 January 2020
The New York-based asset manager has raised the capital through a fund and separately managed accounts.
1 min read · 03 January 2020
