Politics

The manager purchases a $2bn portfolio of loans to over 300 businesses at a fraction of their original cost.

The US private credit market puts in a strong performance despite market headwinds.

Retail money may be fleeing BDCs right now, but that doesn’t mean private credit’s dalliance with retail money is over, writes David Brooke.

Issues around private credit valuations and payment-in-kind instruments are on US Securities and Exchange Commission regulators’ radars, according to body officials.

The Fed’s disciplined analysis of private credit stands in sharp contrast to the FSB’s too-broad definitions and the ECB’s skewed scenarios, argues the global head of the Alternative Credit Council.

Lenders are ramping up their energy transition efforts against a backdrop of escalating power demand and renewed emphasis on energy security.

As North American private credit reels from scathing headlines, Europe appears relatively insulated. Have the asset class’s two most important regions gone their separate ways?

Macroeconomic shocks and the outbreak of conflict in recent years has brought energy sovereignty into sharp relief, and private credit is in a prime position to help nations reduce their reliance on finite fossil fuels.

The energy transition opportunity is now being driven by realism and commercial objectives more than climate philosophy or government policy, says Don Dimitrievich, global head of Nuveen Energy Infrastructure Credit.

Investor demand for private debt has flourished, but strong alignment will distinguish the highest-quality lenders, say Corinthia Global Management’s Craig Shirey, Mark Wilton and Boris Okuliar.