Private investment firm PineBridge Investments has collected $1.36 billion for a private-credit fund set up to provide capital to U.S. companies, significantly exceeding a $1 billion target for the pool.
Private credit – specifically middle market, sponsor-backed direct lending – looks uniquely positioned to weather the future storm thanks to a number of supportive structural factors.
Eine Umfrage unter 500 Fondsselektoren weltweit zeigt: Die Unsicherheit am Markt ist groß, die Renditeerwartungen sinken. Welche Assetklassen nun in den Fokus der Investoren rücken.
Volatile financial markets and unpredictable funding conditions deterred much capital markets activity in 2023 and those who braved the rough seas often needed different options from what had worked for the previous decade. Private equity giant KKR opted against a public block sale for US mobile technology firm AppLovin and placed US$700m in a pair […]
Quiver Quantitative – JPMorgan Chase (NYSE:JPM) & Co.’s venture into trading private credit loans has sent ripples through the $1.7 trillion private credit market, traditionally characterized by its confidentiality and discretion. This move by the largest U.S. bank represents a paradigm shift in a market where privacy of debt information has been a key selling […]
Doch kann man sagen: Fremdkapital ist das neue Eigenkapital? Klar ist, dass Bankkredite und Darlehen sicher nicht Risikokapital von VCs und Business Angels ersetzen werden wird. Aber: „Fremdkapital hat Vorteile und Nachteile“, sagt etwa Hansi Hansmann, eienr der bekanntesten Investoren in Europa. „Fremdkapital ist üblicherweise deutlich billiger als Equity, ganz egal, ob du jetzt 4 […]
Kreditvergabe von Banken ist deutlich restriktiver geworden. Investoren müssen Finanzierungslücke von 25,3 Milliarden Euro mit Eigenkapital decken. Erhöhter Restrukturierungs- bzw. Verkaufsdruck ist absehbar.
Was wusste die Finma über die Benko-Kredite? Laut Insidern begleitete die Bankaufsicht Julius Bär eng. Dennoch kam es zum Debakel.
Sustainability-focused investment manager Mirova announced today that it has reached $282 million in commitments for the Mirova Gigaton Fund, its blended finance debt fund aimed at accelerating the clean energy transition in emerging markets, reaching more than half of the fund’s $500 million target a year after launching.
The prospect of lower interest rates and more lending activity is expected to accelerate hiring of private credit and structured finance professionals in 2024. The pace of hiring across the many flavors of private credit and structured finance slowed during the first half of 2023, while the Federal Reserve continued to raise its benchmark interest […]
Annual profits plummeted 52 percent.
BNP Paribas expanded further into the fast-growing $1.7T private credit market as it seeks to raise €1B ($1.1B) for a new direct-lending fund, according to a media report dated Wednesday.
Real Asset Studie: Inflationsgebundene Renditen und Nachhaltigkeitsmerkmale ziehen weiterhin institutionelle Anleger an.
Mezzanine deals are predicted to surge this year, as high interest rates and tighter credit conditions present opportunities for lenders. Mezzanine debt bridges the gap between senior debt and equity financing and is one of the higher-risk forms of debt, producing returns of up to 20 per cent. It had been through a decade-long period […]
Die Schweizer Privatbank Julius Bär hat das größte Einzelengagement aus ihrem Private-Debt-Kreditbuch in Höhe von rund 600 Mio. Euro vollständig wertberichtigt, das der insolventen Signa-Gruppe zuzuordnen ist. Konzernchef Philipp Rickenbacher nimmt seinen Hut.
