John Bakie
The coronavirus crisis may not be as bountiful for Europe’s NPL investors as the GFC, but it will offer select opportunities.
UK SMEs are increasingly looking to fund managers rather than banks, according to Connection Capital's Claire Madden
The joint venture will give Maslow increased firepower to fund UK residential property developments.
SMEs are struggling due to extended lockdowns intended to prevent the spread of covid-19, and in the UK a generous government lending scheme now dominates the market. But private fund managers also have a role to play, maintains John Bakie
While 2020 has been a challenging year for many managers, a huge majority are bullish about the future of the asset class.
The new fund will look for securitised credit opportunities including consumer finance, real estate and commercial assets.
Fund launched after the pandemic hit will have a flexible mandate to invest in opportunities created by economic disruption.
Infrastructure debt has seen growing demand from investors in recent years and its defensive characteristics make it perfect for weathering a downturn.
The new arrangement will see Piers Dennison take up the role of chairman of investor relations.
An allocation by a large international pension fund will enable North Wall to begin investing its latest European strategy.