private debt

For some investors, raising the idea of investing in corporate private debt brings almost immediate questions about the risk of default, the security of the loan and even why a company would raise debt and not equity. Yet almost every day we make debt-like investments, a term deposit being the simplest, through which you are…

According to specialist asset ratings firm, Evergreen Ratings, run by Angela Ashton, who also operates the growing investment consultancy business, Evergreen Consulting, private debt markets continue to offer “one of the most attractive risk-adjusted return profiles” in the market. Commenting after the release of the latest research report, in which Global Credit Investments, or GCI’s,…

Revolution Asset Management, a specialist private debt manager under the Channel Capital stable, has announced new appointments to its investment team to meet growing demand from institutional and wholesale clients.  Lucie Bielczykova and Steve Sutinen will be joining the growing firm as assistant portfolio manager and portfolio manager respectively. Established in 2017, Revolution has grown…

It is no longer hype to talk up the growth in private lending. While some metrics on its size are questionable, typically including nearly everything that is not in the public domain as well as lending that is well out of the ambit of the private credit funds, the overarching theme remains intact. The traditional…

In the final weeks of the year, there appear the inevitable reports on what eventuated in 2020, coupled with the near-universal view that 2021 is lining up as another risk-on whopper. Rates will remain range-bound, therefore we can bunker down in equities and anything else that takes our fancy outside of bonds. History suggests that…

Assets in alternative investments are expected to grow by 9.8 per cent a year over the next five years, to hit US$17 trillion (A$23.4 trillion) by 2025, according to the latest research by Preqin, the global alternatives research and data provider. Private equity will double to US$9.1 trillion and Asia will be a “huge driver.”…

Chris Cuffe first let the industry know, in 2015, what his 10 biggest lessons from years at the top in funds management were. He revisited and updated the list in September 2019 and has now done so once again. But the original list is probably timeless. He also added a few extra tips last week,…

Consider the process by which a security or investment is priced. Separately, if it has similar fundamental underpinnings to the core part of portfolio, typically listed equity.