Private Debt News

Asian institutions are keen to raise allocations to private debt this year, a newly-released BlackRock survey and comments from asset owners such as family offices show.

Pursuit of higher yields, lower volatility and uncorrelated returns has led investors deeper into private markets over the past decade.    Alternative asset managers have created new funds devoted to private debt over the past decade, adding scale in the industry to compete with BSLs. Along with high yield and BSLs, private equity managers have […]

UniSuper has selected Revolution Asset Management to manage an Australian and New Zealand private debt portfolio. Revolution Asset Management’s separately managed portfolio, established earlier this year, has been actively allocating capital to senior secured Australian and New Zealand private debt. The specialist private debt manager focuses on generating stable income from senior secured loans, prioritising […]

Kreditfonds ändern in der jetzigen Marktphase nur wenig an ihrer Ausrichtung. Bestenfalls schauen sie bei der Auswahl der zu finanzierenden Immobilien noch etwas genauer hin. Das Interesse der Debt-Fonds an einzelnen Assetklassen ist ähnlich breit gefächert wie bei Fonds auf der Equity-Seite. ESG-Konformität steht allerdings überall hoch im Kurs.

Challenges in the banking system are expanding the opportunities available to direct lenders. I believe the shifts we’re seeing won’t be short-lived, but, to borrow a phrase from Oaktree Capital Management Co-Chairman Howard Marks, may represent a sea change in private credit. Direct lenders provide loans to businesses without using an intermediary. This form of […]

Comparing Direct Lending and Broadly Syndicated Loans We believe that an allocation to direct lending is more attractive than the BSL market due to better terms, better pricing, and less mark-to-market volatility. Putting aside the size of the underlying borrowers (which, in direct lending, has historically been $100 million or less in EBITDA, though this […]

In Zeiten hoher Inflation, steigender Zinssätze und einer zunehmenden Zahl an Kreditausfällen setzt Sienna Private Credit auf Private Debt mit variabler Verzinsung und guten Sicherheiten. Warum diese Instrumente gerade jetzt ins Portfolio gehören, erläutern Nicolas Fourt, Chief Risk and Sustainability Officer, und Hugo Thomas, Head of Credit Research bei Sienna Private Credit, in einem “Institutional […]

Direct lending has become the new found buzz word in private debt, but what exactly is direct lending, and what are its advantages?

Der Luxemburger Real Estate Investment Partner REInvest Asset Management S.A. hat im Dezember 2022 einen Mezzanine-Fonds für die Finanzierung von Immobilien aufgelegt und manifestiert damit seine Expertise in einem neuen Geschäftsfeld.

Unser Private Debt Team hat im ersten Quartal eine weitere Transaktion, die Finanzierung der Supernova, abgeschlossen. Das Unternehmen ist ein führender Eigentümer und Betreiber von Einzelhandelsimmobilien in Slowenien, Kroatien und Österreich. Das Immobilienportfolio von Supernova besteht aktuell aus mehr als 80 Objekten mit einem geschätzten Gesamtwert von über 1,8 Mrd. Euro.

Senior Lending: The benefit of investing in senior lending options is that you are the first to receive payments from the borrower. This is especially beneficial if the company goes bankrupt. However, these options typically come with lower interest rates. Mezzanine: Mezzanine is a hybrid strategy that allows you to invest in private credit and […]