Loan Note: LX Partners targets Portuguese SMEs; Moody’s bullish on prospects

The private credit fund comes to Portugal. Plus: optimistic assessment from Moody's on prospects for the asset class; and ABS interval fund launched by John Hancock and Manulife.

They said it

“Private credit loss rates continue to compare favourably to their public market peers. This is especially notable considering the yield ‘pick-up’ available in the private credit market”

Taken from BlackRock’s latest Global Credit Weekly

First look

Take off: LX Partners’ breakthrough credit fund (Source: Getty)

LX achieves private credit first in Portugal

The regulated private credit fund has arrived in Portugal, with a first-of-its-kind offering from domestic fund manager LX Partners.

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