Anna Devine
.jpg "Growing gap between expectations and delivery – PDI Forum")
Direct lending comes under scrutiny at PDI’s third European conference. There are still pockets of opportunity in private debt however.
The sale of roughly £12 billion in par value loans is expected to be concluded by the end of November.
Eight in ten senior executives said that they will increase allocations to income-producing alternative credit, according to a new BlackRock survey.
Huarong AMC shares priced at HK$3.09 per share and are expected to commence trading on 30 October.
One of Apollo’s senior managers is moving from the US to develop the firm’s structured credit business.
A drop in leveraged loan issuance collides with record-high leverage multiples in the US and weaker covenants in the European mid-market.
.jpg "HIG Capital strengthens distressed team")
Bayside Capital, the special situations arm of HIG Capital, has promoted a member of its distressed corporate debt team in London.
%2080.jpg?id=19327362141 "Apollo hires CIO for new European unit")
The asset manager has hired a new chief investment officer with a background in specialty underwriting.
The alternative lenders are providing a part of the €700m in junior debt.
.jpg "LendInvest beefs up management team")
LendInvest has announced its second hire in a week ahead of a planned push into mortgage lending.