Newsletter

Loan Note: Large, private companies in favour; LPs boosting alternatives allocations

Private markets and larger companies are preferred in a report from fund manager AlbaCore Capital Group. Plus: the survey that shows investor sentiment towards alternative assets remaining buoyant. Here’s today’s brief for our valued subscribers only.

Loan Note: The new relationships between insurance and private debt; Golub notes inflation threat

Download our latest issue, which explores the relationship between insurance and private debt and has a special section devoted to real estate finance. Plus, why a Golub survey raises inflation concerns and the reporting requirements that CLO managers need to know about. Here’s today’s brief for our valued subscribers only.

Loan Note: Credit stages returns recovery in Q1; ICG expands in Australia

Direct lending bounces back in the first quarter of 2020 with strong positive returns. Plus: ICG adds a significant player to its Australian operation and banks ditch mortgage securities for treasuries. Here’s today’s brief for our valued subscribers only.

Loan Note: Many lenders not confident about recovery skills; latest CLO to incorporate ESG aspects

Direct lenders’ ability to cope with defaults comes under the spotlight. Plus, ESG makes its mark in CLOs and the placement agent on the hunt for talent. Here’s today’s brief for our valued subscribers only.

Loan Note: Debt funds capitalise on German buyout boom; Kartesia targeting sponsorless deals

Debt funds are grabbing more market share from the banks in Germany. Plus: Kartesia weighs into the sponsorless market and the latest key market hires. Here’s today’s brief for our valued subscribers only.

Loan Note: The mutual attraction of private debt and insurance; Canadian pension backs Ares

We explore the partnerships being formed between private debt fund managers and insurance companies. Plus: Canada’s IMCO backs Ares as it grows its credit portfolio and CIFC launches a philanthropic initiative. Here’s today’s brief for our valued subscribers only.

Loan Note: Oaktree assesses direct lending; KKR sheds light on dizzying market

Oaktree weighs up the pros and cons of direct lending. Plus: why KKR sees this as the ‘vertigo’ era and the challenges of ESG for the leveraged loan market. Here’s today’s brief for our valued subscribers only.

Loan Note: Coller lines up dedicated credit secondaries fund; the new family-focused manager

Coller Capital is the latest firm tipped to launch a dedicated credit secondaries vehicle. Plus: the new fund manager focused on families and a continuing decline in the default rate. Here’s today’s brief for our valued subscribers only.

Loan Note: State support delays corporate bankruptcy; Businesses creep closer to covenant breach

European corporates that may be in need of restructuring are being sustained by state aid. Plus: the consumer firms in danger of breaching covenants and our latest podcast on the fundraising scene. Here’s today’s brief for our valued subscribers only.

Loan Note: The charge of the sovereign wealth funds; Owl Rock and Dyal close in on merger

Sovereign wealth funds have been forming partnerships with private debt managers – before long, they may strike out on their own. Plus: Owl Rock and Dyal move closer to their planned merger and a new placement agent is formed for German-speaking countries. Here’s today’s brief for our valued subscribers only.