The big banks have weighed in this earnings season — not just on credit and debit, and consumer spending and Basel endgames … … they’ve also detailed, on some cases, the lure of private credit and their longer term plans in the space. Stretching through...
The private credit market is booming — and has the potential to reshape lending, and risk, too, in financial services. Generally and conceptually speaking, the private lending market, estimated by the International Monetary Fund to top $2 trillion at present, offers a capital “lifeline” of...
Apollo Global Management and State Street are reportedly launching a private-public credit exchange traded fund. That’s according to a report Tuesday (Sept. 10) by the Financial Times (FT), which noted that this is the latest attempt by large investment firms to sell alternative assets to...
Lloyds Bank and Oaktree Capital Management have teamed to support U.K. “middle-market sponsor-backed borrowers.” The collaboration, announced Thursday (July 18), will see Lloyds’ structured debt finance team work with Oaktree’s European private debt platform to provide clients with a solution for new buyouts and refinancings...
October 02, 2024
The private credit market is booming — and has the potential to reshape lending, and risk, too, in financial services. Generally and conceptually speaking, the private lending market, estimated by the International Monetary Fund to top $2 trillion at present, offers a capital “lifeline” of sorts to a variety of borrowers, especially smaller firms that […]
February 05, 2024
The banks continue to tighten, the traditional channels are tougher to navigate in the commercial lending space. And against a backdrop where smaller firms are still seeking credit as we...
January 15, 2024
For corporates, especially smaller Main Street businesses, private credit (aka private debt) appears as an avenue through which they can get the capital they need. And for the lenders, the...
November 18, 2024
Big banks and private finance groups are both chasing the artificial intelligence (AI) craze. But for at least one of those Wall Street banking giants — Morgan Stanley — there’s plenty to go around, Bloomberg News reported Sunday (Nov. 17). That report tells the story of a recent dinner hosted by Morgan Stanley bankers, and […]
September 10, 2024
Apollo Global Management and State Street are reportedly launching a private-public credit exchange traded fund. That’s according to a report Tuesday (Sept. 10) by the Financial Times (FT), which noted...
July 18, 2024
Lloyds Bank and Oaktree Capital Management have teamed to support U.K. “middle-market sponsor-backed borrowers.” The collaboration, announced Thursday (July 18), will see Lloyds’ structured debt finance team work with Oaktree’s...
June 12, 2024
Figure Technology Solutions has launched a blockchain-based multi-seller, multi-buyer marketplace for private credit loans. Dubbed “Figure Connect” and called a first-of-its-kind offering, the marketplace brings the company’s capital markets buyers...
