PDI Staff Writer
Borrower pressure eases as rates come down. Plus: ADIA makes latest commitment to real estate debt; and Finnish financier gets support for SME lending.
"The worst feels like it's behind us" – one of the views expressed at last week's PDI New York Forum. Plus: Monroe lands mandate from the White House; and Angel Oak completes mortgage securitisation.
Both Muzinich and Carlyle have been out signing joint ventures covering everything from energy transition assets to equity release mortgages. Plus: AXA IM Alts is also eyeing up further diversification with an investment-grade, liquid ABS fund.
We bring you three LP views ahead of our PDI Germany Forum. Plus: BlackRock and Partners Group take a collaborative approach to attracting wealth capital; and France's LBP AM makes progress for its latest senior secured debt fund.
Chatham makes hires for new collateralised loan obligation business. Plus: Fitch brings NAV loans into its ratings universe; and Ocorian exposes North American GPs' concerns over EU regulations.
Loan Note: AXA IM Alts to acquire mid-market manager Capza; European loans outperforming comparators
AXA IM Alts' acquisition of Capza is the latest example of private debt consolidation. Plus: Alcentra finds European loans are outperforming; and HSBC launches two new private debt strategies.
The US's Clearlake Capital expands in Europe through MV Capital purchase. Plus: Morgan Stanley has fundraising success with junior debt fund; and a shuffle at the top at Comvest Partners.
Now is the optimal time to consider infrastructure debt – it offers stability, diversification and needs a huge amount of investment, says Viktor Kozel, head of infrastructure debt at UBS Asset Management.
Characterised by resilience in turbulent times, infrastructure debt will continue to flourish, says Stefan Wala, managing director of Fidelio KA Investment Advisory GmbH.
Inside: From ESG to speciality finance – five key themes for investors; Why US private credit may be on the brink of a rebound; Should you be worried about the looming maturity wall?; Expert comment and analysis from industry leaders; Plus much more…