Private credit

US private credit risks not mirrored in South-east Asia: IFS Capital CEO

Randy Sim explains why the region’s credit landscape looks nothing like that of the US and why we should differentiate them

Infrastructure debt is a subset of private credit that finances infrastructure assets such as power grids, transport networks and utilities, rather than the software or services built around them.

Asia insurers increasing infrastructure debt exposure as capital rules shift: Schroders

The asset class offers access to sectors that institutional investors might not otherwise have

The European Central Bank noted that some private credit-reliant companies in the eurozone were showing deteriorating business prospects.

Eurozone may face pockets of stress from private credit, not systemic risk: ECB

Signs of underlying strain in such markets have been emerging in recent weeks, particularly in the US

Recent stresses in US private credit markets have sparked broader debate around liquidity, underwriting standards and investor expectations.
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US private credit markets under pressure: Why Asia and Europe may be less exposed to the risks

Private credit has come under greater scrutiny, but according to Kilde chief executive officer Radek Jezbera, investors should avoid viewing the asset class as a single global market

The FT report came only over a week after Europe’s biggest lender took a US$400 million hit linked to the collapse of British mortgage lender Market Financial Solutions.

HSBC committed to its private credit investments after report on US$4 billion pause

Regulators worldwide are more concerned about banks’ exposure to the US$3.5 trillion private credit industry

The Financial Conduct Authority has told alternative asset managers, a sector that includes private credit and equity, about an overhaul of reporting requirements.

UK regulator to toughen private credit reporting, sources say 

Scrutiny has increased following several private-market related borrower failures that have left creditors facing losses

Chee Jiun Wen previously held senior roles at companies including Julius Baer, advising sovereign wealth funds, endowments, foundations and private clients across Asia.

Franklin Templeton appoints former BOS managing director to new Apac private markets wealth role

Chee Jiun Wen will be based in Singapore and will focus on expanding the company’s private markets franchise across the region

BlackRock has collateral in the loan’s security package but no claims on the operating firms owning the physical assets.

BlackRock fund faces test in recovering defaulted China loan

The episode is drawing scrutiny within Asia’s private credit circles

Federal Reserve governor Michael Barr on Sunday warned that the market could spark “psychological contagion” and a broader credit crunch.

Global watchdog FSB unveils action plan on private-credit risks

It says ‘significant data challenges’ are frustrating its effort to assess vulnerabilities in the market

A long-anticipated return to private equity dealmaking appears to be derailed, and large institutions are trying to figure out how to navigate geopolitical turmoil and new AI tools.

‘Golden’ or ‘garbage’: Milken signals new private credit era

It is a time of turmoil for private equity firms, which have been struggling to exit investments