Robin Blumenthal
The fund has raised $1.8bn to provide liquidity and capital solutions, with a focus on asset-based credits and specialty finance.
There are concerns over macroeconomic stresses and leverage, but net asset value finance has proved resilient – and many expect that to continue.
The AUM of targets rose to $326bn, with private-lending centric firms accounting for nearly half the total.
Dwight Scott, global head of credit, discusses retail and liquid credit drivers, and a move toward insurance.
The financial services giant expands its alternatives business with a retail private credit fund.
A confluence of factors seems to be setting up the credit markets for some rough going, and it appears that private debt won’t escape unscathed this time around.
The collateralised loan obligation market has a good track record through cycles, but how will it stand up to an unprecedented set of challenges? Robin Blumenthal speaks to a wide range of players to find out the expert view
Collateralised loan obligations have stood up under stress before, but conditions now may be more demanding than ever.
The manager’s fifth such mid-market vehicle carries a coupon of three-month SOFR plus 2.7% for its highest debt tranche.
Who ‘ya gonna call’ when there’s a run on a bank that isn’t really a bank? A non-bank bank, writes Robin Blumenthal.