Speciality finance

Pemberton secures $1bn for NAV finance first close

The firm’s first foray into NAV financing will look to help private equity firms access capital to grow their businesses and portfolio companies.

Emerging managers prove their worth in speciality finance

This is a rare part of the market where first-time funds have a chance to stand out.

Five key trends in speciality finance: Trade finance

Integrated supply chains are transforming an area previously ignored by debt funds.

Distressed debt: The default disconnect

For the first time, there are signs that distressed debt levels may be disconnected from default activity – but what does this mean for investors?

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.

Monroe Capital: Speciality finance a strategy for multiple rate environments

Monroe Capital’s Aaron Peck and Kyle Asher discuss why speciality finance is a good option for private credit exposure that can deliver exceptional, uncorrelated risk-adjusted returns.

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.

Magnetar: How speciality finance drives the economy

Diverse opportunities and economic insulation characterise the speciality finance opportunity, say Magnetar’s David Snyderman and Erik Falk.

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.