Fund Management

Why fund managers are embracing more unconventional forms of finance

Leading fund managers and investors discuss five key trends driving private debt’s most esoteric array of alternative investments.

US Supreme Court: Defendants have right to jury trial for securities fraud allegations

Case involving hedge funds lending to start-ups represents a blow to the SEC.

The rise of the first-out asset-based lending product

What are the advantages and disadvantages for lenders of the asset-based loan within a term loan, asks Charlie Perer.

Orix USA realigns private credit, brings on BlackRock’s Singhal

Manager splits the asset class into two verticals, with Singhal heading direct lending and Shtaingos leading securitised credit.

Tikehau signs deal for Asian distribution and product development

The deal with Japan’s Nikko Asset Management is expected to significantly increase Tikehau’s presence in Asia.

Impact credit is on the rise

A growing number of managers are looking to private debt in pursuit of positive impact.

Closing the carry ‘loophole’ could open a set of bigger problems

Debates on increasing tax on carried interest shouldn’t ignore the wider contribution private equity brings to economies.

Leste Group pushes further into real estate credit with LNL Capital

In less than a year, the net lease mortgage REIT is on track to originate $1bn on an annualised basis.

What the Fifth Circuit ignored in its ruling

The decision on the SEC’s private fund rules was made for the right reason. There was also a troublesome ‘wrong reason’ in the mix, but the court ignored it.

Slinkys, private debt and the bottom step

Will the private debt market achieve a soft landing or end up in a crumpled mess? Adil Kurt-Elli ponders the possibilities.