TwentyFour Select Monthly Income Fund (SMIF) is maintaining its investment bias towards Europe over the US, amid concerns over policy risk and a jobs slowdown in the world’s largest economy. Ashley Paxton, chair of SMIF, told Alternative Credit Investor that the fund focuses on developed market credit exclusively, with a European bias, and “from a […]
Global alternative asset manager ICG has announced the final close of its second European Infrastructure fund, ICG Infrastructure Fund II, at €3.15bn (£2.7bn) of commitments. This is more than double the size of the preceding fund, ICG Infrastructure Equity I, which closed at €1.5bn in 2022. Read more: Lincoln Financial and Bain Capital launch private […]
Investment firm WisdomTree has launched a tokenised private credit and alternative income fund, which will be available to both institutional and retail investors. The WisdomTree Private Credit and Alternative Income Digital Fund will be hosted on the WisdomTree Prime and WisdomTree Connect platforms. Read more: Lincoln Financial and Bain Capital launch private market fund It […]
Semi-liquid funds are set to open up access to alternative investments to retail investors, which could be a new stream of revenue for private credit firms, according to Deloitte. In a new report, the Big Four audit firm said that a revitalisation of semi-liquid funds could be “a win for both traditional and alternative investment […]
Law firm Katten has appointed R. Kader Crawford as a partner in its private credit practice in Charlotte, North Carolina. Crawford (pictured) focuses on the middle market, particularly around commercial lending, corporate finance and private equity transactions. Read more: Fasanara appoints director of capital formation He will work with a variety of lending market players, […]
The yields in the European securitised market are compelling and attractive, according to a new report by Sona Asset Management. In its report, The Investment Case for Europe, the firm said that yields on offer in the European securitised market are “compelling, especially risk-adjusted”, with AAA-rated prime RMBS, CMBS, CLOs, and UK non-prime RMS offering […]
UK investors who invest in private credit are increasingly turning to asset-based finance over other sectors amid geopolitical tensions, according to a new report. TwentyFour Asset Management’s Fixed Income Investor Survey 2025 found that of 200 UK institutional investors, many are looking to tweak their private credit holdings, with many looking to asset-based finance. Read […]
Global asset manager Fasanara Capital has appointed Sebastian Maciocia as director of capital formation, UK. He joins from investment consultancy Mercer, where he was a commercial segment leader within the financial institutions group and was responsible for wealth managers, family offices and not-for-profits. Read more: Crowell & Moring hires asset-based finance lawyer He brings over 18 […]
International law firm Crowell & Moring has hired asset-based finance lawyer Tom Dell’Avvocato as a partner in its financial services division in its London office. Dell’Avvocato (pictured) joins from Squire Patton Boggs and brings experience in non-contentious banking and finance transactions, with a focus on domestic and cross-border asset-based lending, as well as leveraged and […]
Family offices have been increasing their exposure to private credit, with a quarter expecting to continue upping their allocations this year, new research has found. According to a report by Goldman Sachs, there have been “moderate increases” in private credit allocations this year, with over a quarter – 26 per cent – of 245 respondents […]
Alternative Credit Investor is delighted to announce that it is expanding its prestigious awards series into the US next year. The Alternative Credit Awards, hosted by Alternative Credit Investor, recognise the most influential fund managers and service providers shaping the alternative credit space. Due to industry demand, the awards will be expanded into North America and […]
Pollen Street Capital has agreed a $100m (£74m) senior secured credit facility to UAE-based SME lender CredibleX. It is the first transaction for Pollen Street in the UAE and follows the opening of its offices in Abu Dhabi. Read more: MSP secures £350m funding line from JP Morgan and Pollen Street CredibleX provides SMEs with […]
Lincoln Financial and Bain Capital have launched a new private market fund, which aims to provide individual investors with access to private credit. The Lincoln Bain Capital Total Credit Fund is an evergreen fund which will offer a globally varied portfolio of private credit investments, including loans to mid-sized private companies, asset-based finance, structured credit, […]
TwentyFour Income Fund (TFIF) is considering investing in the US collateralised loan obligation (CLO) market, which it believes may present an opportunity as the country’s economy evolves. The fund typically invests in West European, high-yield floating rate asset-backed securities (ABS), such as mortgage-backed securities and CLOs. Aza Teeuwen, partner and co-head of asset-backed securities, said that […]
State Street Investment Management (State Street IM) has launched its second exchange-traded fund (ETF) incorporating public and private credit. The State Street Short Duration IG Public & Private Credit ETF (PRSD) is a short-term bond fund that seeks to invest at least 80 per cent of its portfolio in investment-grade public and private credit instruments. […]