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As funds swell, pressure to deploy rises and managers can stray from their expertise
The era of pure-play private equity is over. Banks are pulling different divisions together to serve the complex needs of global asset managers
Specialist moves after 18 years in the market
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Dealers have cut their fixed income inventories by 75% since 2008, according to staff at the Bank of England, who questioned bond market liquidity in a timely blog post on Thursday.
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Greenwich-based private equity firm Littlejohn & Co. debuted in the US CLO market via its credit arm Wellfleet Credit Partners, this week.
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Asklepios — ECOM — Abraaj — JLIF — Albaraka Türk — Kenya Pipeline Co — Kernel — Nibulon
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A swathe of deals where Deutsche Bank is a counterparty are subject to proposals to allow it to stay on in its transaction roles, following confirmation of the bank’s A3 rating with Moody’s.
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Levfin specialist firm DebtXplained on Thursday said covenants on Abengoa’s €375m unsecured bond leave investors less protected than on competitors’ notes.
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China cut rates this week for the fifth time since November as it tried to stem the tide of a slowing economy, which has prompted a fire sale across the region’s equities and debt market. But observers are questioning the effectiveness of the cuts, which does not bode well for the pipeline for the rest of 2015, write Narae Kim and Rev Hui.
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