Private debt

The firm is trying to capitalise on some borrowers’ need to raise cash as boundaries with public markets blur

A BLACKROCK private debt fund expects to mark down the net value of its assets 19 per cent after a string of troubled loans weighed on results, marking the latest sign of pressure in the private credit market.

The firm will merge Group-of-10 rates trading unit with FX, EM rates and commodities desks into a new global macro division

The firm is gearing up to launch its second Apac private-debt fund sometime next year

More deals have cropped up in recent weeks, as merger and acquisition volume has ticked up

Investors are becoming more discerning after a period of rapid growth in the sector, fuelled by demand from insurance companies for investment-grade rated strategies

[NEW YORK] Investors are showing signs of pulling money out of government bonds and ploughing it into US and European company debt.

Both offer an interesting alternative to what’s widely available, but may work out to be expensive options and less value for money than one might think

[SINGAPORE] The “Asia for Asia” trend of rising intra-regional trade is likely to offset the potential impact of US tariffs on Asia, said Sabita Prakash, managing director of private credit firm ADM Capital.