Newsletter

KKR expects M&A revival to speed up credit market development

The relationship is coming into even closer focus now, given innovative financing structures, says influential newsletter.

Loan Note: Europe’s deal market proves resilient; investors have ‘risk off’ stance

Despite headwinds, a new survey finds European dealflow is stronger than may have been expected. Plus: cautious investors gravitate to inflation-protected assets and S&P predicts a 3 percent default rate next year. Here’s today’s brief for our valued subscribers only.

Loan Note: Foresight backs Impact Lending; Bain Capital Credit commits $2.4bn in six months

Impact Lending has secured £75 million from Foresight to lend to sustainable development projects. Also, Bain’s credit arm steps up its lending activity in 2022; and Fidelity hits a $1 billion private credit landmark with CLO. Here’s today’s brief for our valued subscribers only.

Loan Note: Gen II hires first head of credit; Waterfall establishes Asia-Pacific beachhead

Gen II has hired its first head of credit to demonstrate its commitment to the asset class. Waterfall has established itself for lending in Asia and loan issuance starts to fall. Here’s today’s brief for our valued subscribers only.

Loan Note: Investors shift to broad credit allocations; Azimut takes stake in RoundShield

New research from Rede Partners finds LPs are changing the way they allocate credit investments. Also: Azimut acquires 20 percent of specialist lender RoundShield and Runway hires an ex-Blackrock director. Here’s today’s brief for our valued subscribers only.

Loan Note: Carried interest is a talking point once more; Atalaya brings in Elm Park team

Carried interest reform appears to be back on the agenda in the US. Plus: Atalaya brings in a team from Elm Park; and a UK law firm completes a new type of restructuring. Here’s today’s brief for our valued subscribers only.

Loan Note: HNW investors raise alternatives allocations; S&P finds ‘weak links’ on the rise

A new survey shows high-net-worth investors continuing to find more room for alternatives in their portfolios. Plus: S&P finds the number of ‘weak links’ on the rise; and AXA IM Alts makes a senior sales hire. Here’s today’s brief for our valued subscribers only.

Loan Note: Oaktree assesses the pros and cons of credit; Varde detects turn in the cycle

Oaktree assesses the pros and cons of private credit in the current environment. Plus: Varde detects a turn in the cycle and Navis launches a new credit platform. Here’s today’s brief for our valued subscribers only.

Loan Note: The growth of ‘super senior’; covenant breaches on the up

Thought senior debt was the safest part of the capital structure? Why you may need to think again. Plus: a Lincoln International report suggests an uptick in covenant breaches; and the latest from the hiring frontline. Here’s today’s brief for our valued subscribers only.