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The CLO investors seeking safety, plus reflections on the Apollo/Mubadala platform and a survey finds non-distressed lending on the up. Here's today's brief for our valued subscribers only. 
James Zelter
The platform that straddles direct lending and broadly syndicated loans – and it's a mere $12bn in size. Plus: Fitch's revenue warning and a fundraising fillip for Europe.
Our Deep Dive into the challenges of dislocation funds. Plus: Ares make its move into Asia-Pacific, Arrow targets a growing NPL opportunity, and a glimpse at this year's H1 fundraising stats.
Why some of private debt's biggest names may be on the lookout for new job opportunities. Plus: Monroe's Ted Koenig on the financing panic within companies when the pandemic first hit; the growing strain on supposedly less risky CLO tranches; and the latest developments in distress.
Piggy bank group pastel color background.money and financial concepts ideas
Ares and friends participate in a billion-pound finance, £1.875 billion to be exact. Plus: SME funds are springing up to help firms get through the coronavirus crisis and Yieldstreet has launched a private credit vertical for its retail investors.
BC Partners and Mount Logan have brought the interval fund back into the spotlight. Plus: Oaktree launches a new sourcing and origination group and Ares is the latest with a Zeitgeist fund.
Jon Moulton
Jon Moulton warns on debt levels and makes the argument for a new industrial strategy. Plus: Bridgepoint takes over EQT credit arm, more examples of revenues ignoring coronavirus impact, and danger signals in CLOs and real estate.
Weighing up ESG
Why ESG is more important than ever amid the covid-19 crisis. Plus: Ups and downs in the CLO market and evidence that distress is on the rise.
Syndications are a new source of dealflow (unless you're a distressed fund). Plus: British Business Investments gets behind venture debt and Oaktree heads back into the market.
Tug of war
Far from shifting the balance of power between borrower and investor, the covid-19 crisis might just perpetuate the status quo. Plus: KKR's role in the dislocation boom, and the funding gap for smaller businesses. Here's today's brief, for our valued subscribers only. 

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