Economy

Escalation of bank sector problems cannot be ruled out, says M&G

A full-scale financial crisis currently looks unlikely, but there is further potential for volatility, the manager warned.

The last decade in private debt

The past 10 years has seen debt move firmly into the investment mainstream, with signs of continued growth ahead.

Chatham’s Bowie: Borrowers are seeking extensions to existing loans

The head of Europe for the risk management firm sees sponsors aiming to push out debt maturities by up to two years.

Regional banking volatility sets the stage for lender shift

Debt funds and alternative lenders step into the space left by banks, Real Estate Capital USA data shows.

Fundrise launches $500m real estate debt strategy 

This is the Washington, DC-based company’s first ever credit-focused investment vehicle.

John Grayken: ‘Once there is a general consensus, usually it’s too late for investors like us’

Lone Star founder John Grayken sees a limited window for distressed investing while most people wait for private real estate market conditions to settle. He discusses it with Jonathan Brasse.

Equity investors eye debt opportunities amid uncertainty

Equity-focused managers tell the PERE Europe Forum they are increasingly considering lending strategies.

Oaktree targets mid-market real estate firms through latest lending vehicle

The manager has raised €1.2bn for European-focused debt opportunities as volatility persists.

‘No crisis’ in direct lending

There are few signs yet of any major stress in the market, but interest rate rises and refinancing worries give some cause for concern, delegates at the PDI Europe Summit 2023 heard.