Blackstone Eyes $30 Trillion Private Credit Bonanza
Blackstone Inc. expects private credit to balloon to $30 trillion in size, fueled by the energy transition, housing and data center lending. “We’re really expanding the opportunity set from quite a na...
3 Okt 202453min
Moody’s Sees Private Debt Leverage, Transparency Risks
The $1.7 trillion private credit market faces several challenges after years of rapid growth, according Ana Arsov, global head of private credit at Moody’s Ratings. “It’s going to be very important to...
26 Sep 202453min
UBS’s Mish Picks Credit Winners, Losers in US Election
Victory for Kamala Harris in the US election would boost the bonds of basic industries, capital goods companies and utilities, according to Matt Mish, head of credit strategy at UBS. “A lot of that we...
19 Sep 202443min
Goldman Sachs Likes the Real Estate Debt Others Fear
As commercial real estate continues to menace banks and investors, Goldman Sachs Asset Management is leaning into the debt. “What we’ve been able to do is find a lot of opportunities in commercial mor...
12 Sep 202449min
Sculptor Sees Opportunity in Busted Capital Structures
Funding companies with unsustainable debt loads has been “the best opportunity in the corporate credit market over the last year or two,” Jimmy Levin, Sculptor Capital Management’s chief investment of...
5 Sep 202455min
Nochu Losses Pile Up, Asia AT1 Risks; Vedanta Recovery
Norinchukin Bank faces significant losses from the sale of US and European sovereign bonds that tumbled as interest rates rose, and other financial institutions may also be exposed. “The bank is still...
29 Aug 202435min
North Wall Sees 25% Returns in Litigation Finance
Lending to law firms against portfolios of legal assets can generate hefty returns, according to North Wall Capital, the London-based credit investor. “We target 25%-plus IRRs, and we have historicall...
22 Aug 202445min
AllianceBernstein Sees European, EM Junk Bond Value
AllianceBernstein sees opportunity in European and emerging market credit markets and is steering clear of energy sector debt. “High-quality European high yield, on a dollar-hedged basis, is attractiv...
15 Aug 202450min
