Despite critics warning of a potential private credit bubble, the booming $1.7tn asset class is set for further expansion, according to a report by Bloomberg citing Blackstone Chief Executive Officer Steve Schwarzman.
Laut einer aktuellen Studie der amerikanischen Investmentgesellschaft KKR wollen Family Offices ihre Investitionen in Alternatives weiter aufstocken. Für ihre Studie befragte KKR die Anlagechefs von 75 Family Offices auf der ganzen Welt. 2023 investierten Family Offices 52% ihrer Assets in Alternatives – 2022 waren es noch 42%. Gleichzeitig sank die Bargeldquote durchschnittlich von 11% auf […]
The debt capital markets (DCM) are a sector of the capital markets specifically for buying and selling debt securities. If you are not already familiar with this term, debt securities are financial instruments that are issued by governments, corporations, and other entities to raise capital for a variety of projects and purposes. Investors essentially lend […]
Gerade Stiftungen sollten aufgrund ihres sehr langfristigen Anlagehorizonts den Vorteil von Anlagen mit Sachwertcharakter nutzen, um höhere Renditen zu erzielen. Die Anlage von Stiftungsvermögen ist von drei wesentlichen Zielsetzungen geprägt: der Erwirtschaftung ausreichender Erträge zur Finanzierung des Stiftungszwecks, der Erhaltung des Stiftungskapitals und der Ausrichtung auf Ewigkeit. In der Folge von Null- bzw. Negativzins mussten […]
Private credit and other forms of private capital have emerged as attractive alternatives to traditional bank loans and capital market offerings for many companies. These sources of funds were critical in recent years when the markets for broadly syndicated bank loans and traditional securities offerings were uncertain and volatile due to rising interest rates, inflation, […]
Laut einer Studie der Carne Group sind sich fast alle institutionelle Investoren einig, dass sie in den vergangenen Jahren mehr Druck auf Fonds ausgeübt haben. Außerdem lagern die Großanleger mehr Dienstleistungen aus – auch wegen regulatorischen Drucks.
Viele Investoren halten die privaten Märkte für widerstandsfähiger und aussichtsreicher als die öffentlichen, sagt Jeff Diehl von Adams Street. Laut einer Umfrage seines Hauses glauben neun von zehn Investoren, dass sie die liquiden Assets weiterhin outperformen – zwei Drittel wollen ihr Engagement in den Private Markets weiter ausbauen.
Insgesamt hat sich Enpal hat von Barclays Europe, Bank of America und Credit Agricole CIB in zwei separaten ABS-Warehousing-Fazilitäten vorrangige Refinanzierungszusagen in Höhe von insgesamt mehr als 1 Milliarde Euro sowie von CPP Investments Mezzanine-Finanzierungszusagen in Höhe von 118 Millionen Euro gesichert. Ziel von Enpal ist es, die Einführung seines integrierten Finanzierungsprodukts für private Solar- […]
Global allocators upped their alternative asset allocations – private equity, credit, real estate, real assets, infrastructure and hedge funds – to $172bn in 2023 a 19% increase from the $144bn seen in the previous year, according to a research commissioned by Vidrio Financial.
Apollo Global Management has launched a new private credit fund, Middle Market Apollo Institutional Private Lending, that will invest money from an affiliate of Mubadala Investment Company and other institutional investors, according to a report by Bloomberg.
Blackstone has partnered with Finland’s S-Bank to broaden access to its European private credit fund, with the latter creating a feeder fund that will invest its clients’ capital into the Blackstone European Private Credit Fund SICAV, according to a report by Alternative Credit Investor.
Direct lending now makes up less than a third of the global private debt market as the asset class continues to diversify into other strategies. PitchBook’s 2023 annual global private debt report found that direct lending accounted for 31.8 per cent of all fundraising for private debt last year, which totalled $190.9bn (£150bn) across the […]
Over the past two years, private credit has gone from a supporting role to a starring role in financing transactions such as leveraged buyouts, bolt-on acquisitions, and refinancings. The share of transactions financed by private credit in European markets more than doubled between 2020 and 2023, from 27% to 56% (Exhibit 1).
Los Angeles, CA (March 18, 2024) – Investment funds managed by Mesa West Capital (“MWC”) and Morgan Stanley Real Estate Investing (“MSREI”) have funded a $150 million mezzanine loan to finance an industrial construction project in Tacoma, WA for Bridge Industrial. The mezzanine loan, along with a $263 million first mortgage construction loan originated by […]
The board of the California Public Employees’ Retirement System (Calpers), the largest US pension fund, has voted to up its exposure to private equity and private credit by a combined $34bn in a bet that riskier asset classes will generate higher returns than stocks, according to a report by Bloomberg. Calpers is increasing it target […]
