Economy

Configure Partners report finds aggressive dealmaking

Lenders are stretching terms amid an overabundance of dry power and too few deals.

Carlyle, North Bridge form C-PACE loan venture

The partnership will provide $1bn of commercial property loans in the US.

S&P Global: $950bn of CRE debt due in 2024 to pressure refinancings

The amount of commercial real estate debt will peak at $1.27trn in 2027, driven by lower borrowing costs from years’ past.

The looming maturity wall

With trillions of bonds due to reach maturity over the coming years, what opportunities could this present for investors?

Moody’s says new CLO issuance surges by $100bn in H1 2024

Rating agency identifies market bifurcation, notes weakest credits are being left out of activity.

Seventh consecutive quarter of growth: Golub index

Golub Capital’s Altman Index shows firm growth in the mid-market was led by healthcare, industrial and tech firms.

What’s in store for private debt in the second half of 2024?

The private equity and debt markets are gaining momentum but this doesn’t mean there’s no cause for concern.

All or nothing: The flexible Future Fund

The Australian sovereign wealth fund’s total portfolio approach means it does not have set allocations, and every investment class – including private debt – is in competition for dollars at any given time. PDI discusses this approach and its implications with James Waldron and Shikha Gupta.

Both BlackRock and Fitch view the credit macro scene warily

No big ‘easing cycle’ expected; keep an eye on upcoming waves of maturities, reports say.