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Management simplified as former DCM banker joins as co-CEO
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Canadian bank has been building its European SSA business -
Current co-head Gareth McCartney will have broader remit
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Infrastructure, AI impact and partnering with private credit
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Thomas Picton joins as firm works to build strength in CLOs
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Waterfall's forward flow advantages, UK auto ABS resumes and CLO managers tackle a bifurcated leveraged loan market
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The recent high profile bankruptcies of Tricolor and First Brands have cast an uncomfortable spotlight on the private credit market. For commentators and investors alike, these events trigger a familiar debate.
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