Alternative Lenders

The private credit markets are changing rapidly. Here’s what to look for next.

The implementation of the regulations, colloquially called ‘Basel Endgame,’ means the stage is set for private credit lenders to expand. A key question is how these platforms will solve the issue of capacity.

There was little movement among the firms occupying the top spots in the PERE Credit 50, demonstrating the difficulty smaller managers can face in scaling their platforms.

A trend of institutional investors elevating credit-focused executives is a natural and predictable mirror of what is happening with managers.

Andrew Allen was appointed global chief investment officer at the London-based manager following Kiran Patel’s retirement last month.

The manager has acquired performing loans from the German bank in a landmark transaction.

The refinancing came as a package of senior loan and mezzanine debt.

The New York-based manager aims to tap into credit opportunities arising outside of the US.