Insurers ventured into alternative credit for yield and diversification, but the question of whether the risks are appropriate remains unsettled
The portfolio has a weighted average aircraft age of approximately 5.6 years. This is very close to the average for commercial aircraft securitisation deals.
It may once again be time to consider lending to certain mid-market property types.
The deal to transfer $3.8bn of long-term care policies to Fortitude will earn Carlyle recurring fees.
We noted key takeaways from this week’s Private Debt Investor APAC Forum in Singapore.
Attendees at the PDI APAC Forum heard about the security inherent in many deals in the region, challenging preconceptions around risk.
The new deal market has been hampered by negative internal and external factors, but there are signs they may be easing.
Recent moves by Lightrock, Nest and Galvanize offer signs that the private credit market is starting to bridge the climate financing gap, but there is still a long way to go.
Both BDCs will retain their investment-grade ratings despite the pessimistic near-term outlook.
If the customer/employee management platform defaults, more than $5bn of equity value would be at risk of being erased, report says.