Hong Kong’s government is considering changes to its tax regulation in order to attract alternative investments including private credit, hybrid securities, real estate and infrastructure, according to a report by Bloomberg citing people familiar with the matter. According to Bloomberg’s sources, the proposed measures, which are expected to be outlined in a consultation paper, would […]
Rapid growth of this opaque and highly interconnected segment of the financial system could heighten financial vulnerabilities given its limited oversight. The private credit market, in which specialized non-bank financial institutions such as investment funds lend to corporate borrowers, topped $2.1 trillion globally last year in assets and committed capital. About three-quarters of this was […]
Sheraton Dallas Hotel Could Replace Existing Debt With Two Loans, S&P Report Says. A massive convention center hotel in downtown Dallas, the largest in Texas, could secure a total of $300 million in two loans if the details behind a presale report come to fruition by month’s end.
Seoul-based PE Centroid is in talks with potential bidders in Korea to refinance the mezzanine loan.
Increasing competition for deals, and the challenges posed by high interest rates, could endanger returns for some in the sector.
Steigende Zinssätze haben diese wachsende Anlageklasse sehr attraktiv gemacht. In der Finanzbranche kursiert der Slogan: «Wir befinden uns im goldenen Zeitalter für Private Credit.» Steigende Zinssätze haben diese wachsende Anlageklasse sehr attraktiv gemacht. Corporate Direct Lending, die grösste Subkategorie von Private Credit, umfasst die direkte Vergabe von Krediten an kleine und mittlere Unternehmen.
Mehr Anleihen, mehr Private Credit, mehr Durationsrisiken: Goldman Sachs Asset Management hat Investment- und Finanzchefs von Versicherungen befragt, wie sie die von ihnen beaufsichtigten und gesteuerten Portfolios umstellen. Demnach machen sich auch Zweifel unter den Kapitalanlagestrategen breit.
Institutional investors now make up the second largest category of lenders to small and medium enterprises (SMEs), behind banks. Furthermore, the majority of these investors are ‘very likely’ to increase their allocation in their portfolios. These are the main findings from a survey conducted by securitisation software provider TradeTeq.
Private credit funds are in talks to provide up to $2.5bn in financing for the sale of US packaging firm Trivium Packaging, which was formed in 2019 through a merger of Ardagh Group’s food and specialty packaging business and Exal Corp, according to a report by Bloomberg citing people with knowledge of the matter.
Trotz anhaltender Herausforderungen bietet 2024 für Private-Markets-Anleger wieder Anlass zu Optimismus. Nach einem schwierigen letzten Jahr bietet 2024 für Private-Markets-Anleger wieder Anlass zu Optimismus. An den privaten Märkten sind Marktereignisse eher plötzlicher Natur, aber 2023 war eine allmähliche Verknappung der Liquidität zu beobachten. Eine nachlassende Exit-Aktivität, höhere Kapitalkosten, Bankenpleiten und ein unsicheres makroökonomische Umfeld sorgten […]
Carrier Global Corp.’s industrial fire business unit received over $1 billion in financing to support a carve-out from its parent company by Sentinel Capital Partners. Blackstone provided the transaction financing, which included a term loan of more than $700 million, a $150 million revolving credit facility, and a $150 million delayed draw term loan. Pricing […]
Fitch reported a default rate of 3.7% in 2023 on a basket of 300 private loans rated privately for asset managers, up from 3.0% in the prior year. The agency said it expects a similar rate of defaults for the portfolio in 2024, though it warned that the severity of defaults could worsen.
Trotz Konjunkturrisiken bleiben die Finanzmanager der Versicherungskonzerne optimistisch. Hohe Renditen erwarten sie in den kommenden zwölf Monaten vor allem in einer Anlageklasse.
9-in-10 Japan-based investors have positive outlook for private debt over the next 12 months.
Warum haben Kryptowährungen wie Bitcoin oder Ethereum nach dem tiefen Fall in Folge des Mining-Booms in den Jahren 2020 und 2021 zuletzt wieder derart an Wert zugelegt? Eine neue Studie sieht dafür im Wesentlichen den Wettlauf ins AI-Zeitalter als Ursache und stützt sich dabei auch auf Leaks.
