Newsletter

Talk at our PDI Debt Week was of the advance of asset-based finance as bank retrenchment once again opens up a gap in the market. Plus, why trade finance is also attracting interest and the survey that shows LPs moving back towards business as usual. Here's today's brief for our valued subscribers only.

Will the last stage of the distressed cycle go missing? Check out this month's cover story for reasons why it might. Plus, the relentless rise of covenant-lite loans and a new hire for Churchill. Here's today's brief for our valued subscribers only.

Revealed! Rising Stars 2020 is our list of the individuals under 40 who we think will be making a big contribution to the asset class in the years to come. You can read more about it below, together with market insight from BlackRock and thoughts on why financial assistance in the US may have misfired. Here's today's brief for our valued subscribers only.

Thoughts on the default environment from BDC and CLO panellists at the virtual New York Forum. Plus, we reveal insights from conversations with the market and the latest industry hires. Here's today's brief for our valued subscribers only.

Mubadala joins forces with Barings to add a second private credit platform. Plus, the IFC weighs into Asian distress and investor fears over a global economic slowdown. Here's today's brief for our valued subscribers only.

After Apollo/Mubadala, Credit Suisse and the Qatar Investment Authority become the latest private debt/sovereign wealth fund direct lending tie-up. Plus, how private markets are adapting to a virtual world and the advantages of mid-market loans over broad syndication. Here's today's brief for our valued subscribers only.

Some of the leveraged loan market's leading indicators are giving cause for concern. Plus, China's private lending rate cap and returns data from the first quarter. Here's today's brief for our valued subscribers only.

Better terms, better pricing, more conservative leverage. Crisis? What crisis? Benefit Street has some uplifting observations. Plus, how private debt is muscling out high yield, and new hires at Pemberton and ADIA. Here's today's brief for our valued subscribers only.

Oaktree pinpoints opportunity and risk in the market. Plus, Partners Group provides a performance update and data show lower leverage in German deals. Here's today's brief for our valued subscribers only.

All the latest trends from the US, the world's largest private debt market. Plus, change at the top at Alcentra and why private debt returns do best when Fed rates are low. Here's today's brief for our valued subscribers only.