Christopher Faille
Fintech isn’t merely a portfolio allocation for debt funds: it is now more about how they live and breathe.
Tipped as largest such credit fund, it works with 'thoughtful management teams' to craft non-equity financing.
Majority ownership shifts to the senior lenders, led by Arbour Lane, as debt is cut substantially.
The firm says hard-asset ownership allows the maritime fund to cover the downside.
Industry group is said to be contacting Yellen, Powell, et al to head off redefinition, warning about liquidity in the syndicated market.
Our annual lists of the biggest investors in the asset class reveal significant increases in allocations by institutional investors since 2019.
A US bankruptcy court has allowed for defense costs of current and former directors to be covered by insurance.
Senior debt vehicle includes $7.3bn of equity commitments, has committed 57% of its capital to 54 investments.
The mortgage market is healthier than many believe and asset-based finance offers big opportunities, says KKR.
Multi-strategy interval fund under portfolio managers Adam Kramer and Brian Chang will be marketed through financial advisers.