John Bakie
The deal with Sound Point will see a vehicle purchase equity in its CLOs.
North America has seen covenants significantly weaken as credit supply expands.
As more of the world’s pension wealth heads towards defined contribution schemes, private markets managers will need to come up with solutions. John Bakie reports
The hires bring Cheyne’s SVC team to ten people focused on stressed but performing mid-market loans.
The listed vehicle will look to invest in ships and shipping companies with predictable cashflows and low correlation to other markets.
The investor in boutique fund managers is looking to focus on private markets specialists, including debt managers.
Infrastructure debt has raised significant funds in recent years but has failed to take off in 2018.
More investors are adding private debt but are struggling to reach their allocation targets for private markets.
To mark the 10th anniversary of the collapse of Lehman Brothers, we look at some of the facts and figures behind the event.
The fund will make co-investments on an equal footing with a UK regulated bank.