Direct lending securitisations on the rise

A growing number of direct lending funds are raising debt via securitisation of their shares. A care...

Oaktree establishes Chinese subsidiary

Oaktree Capital Management has become the first foreign distressed debt manager to set up a wholly o...

Sector developments and company hires

Acquisition LendingClub is set to acquire Radius Bancorp and its wholly owned online subsidiary R...

VW master trusts augment auto ABS volumes

VW’s issuance of auto ABS from master trust vehicles has been extensive, yet it seems to h...

Sector developments and company hires

North America Ares Management Corporation has appointed Kipp deVeer to its board. Concurrently, J...

A review of securitisation activity over the past seven days

REMINDER: SCI NPL Securitisation Awards 2020 Nominations have now opened for the inaugural SC...

Sector developments and company hires

Acquisition ArrowMark Partners has acquired the bank investment platform and assets of StoneCastle...

Early-stage MPL delinquencies predictive of charge-offs

Given that a secured loan lender has the right to seize the collateral securing the loan to recoup b...

Spanish REO boost expected

The outlook for Spanish non-performing loan transactions backed by repossessed real estate appears p...

European ABS market update

JPMorgan has placed the re-offered Futura 2019 NPL ABS at a wider print than some market participant...

Sector developments and company hires

EMEA Oxane Partners has appointed Andrew Tisdall as director, portfolio management solutions. Tis...

CRT sector developments and deal news

Mediobanca is readying another capital relief trade in addition to its inaugural SRT that will close...

Rate improvements driving ILS pick-up

Reinsurance rate improvements are precipitating new investor interest in and fund reallocations to t...

CRT issuance breaks record

Capital relief trade issuance broke a record in 2019, with volumes reaching €7.5bn. This ma...

Sector developments and company hires

Canadian MBS ETF BMO Asset Management has launched a new stable of ETFs trading on the TSX, inclu...

Sector developments and company hires

EMEA Michael Newell has joined Cadwalader, Wickersham & Taft as a partner in London. A me...