The industry has shifted up a gear to see heavyweight names bust open the door to ESG-linked credit lines in the last year - a trend market insiders say is set to accelerate in 2021.
Carlyle Group has signed what it is calling the largest ESG-linked private equity credit facility in the U.S., as socially conscious financing continues to make inroads into the sector globally.
Editor's Note: As this post has gotten a bit of attention, we wanted to add in the name of my friend's restaurants. They're fighting the good fight right now, so if you happen to be in the Kansas area, please support AJ's NY Pizzeria (it's NY-style pizza based in Kansas, and while I'm biased, it's good).
Investors are fleeing from India's debt funds at the fastest pace in a year as wariness mounts amid widening cracks in the nation's credit market.
Smaller companies notoriously have a difficult amount of time getting access to credit cards. They don't have a long operating history. Even if they've raised millions of dollars, there are a lot of hurdles to jump to get access to a business credit card. Startups, just like any company, need a corporate card for their expenses -- and they need one yesterday.
Credit investors who've plowed billions of dollars into private equity-sponsored LBO debt will be hit hard when the credit cycle turns and defaults rise, Moody's Investors Service warns in a new report.
The PS29.6bn Pension Protection Fund (PPF) has appointed Purna Bhudia as head of credit. The appointment comes after the PPF took the decision to insource part of its investment management activities last year. Bhudia has joined the team to support the PPF's ambitions to develop its sterling-based investment grade credit capabilities and is responsible for delivering both public and private market strategies; as well as designing and delivering the fund's credit target operating model.
Darrell Cronk, president & chief investment officer at Wells Fargo Investment Institute, shares his thoughts on the 2018 markets. He also discusses why the hedge fund community will experience a better year in 2018.
In this video, CIO Eric Kirsch discusses Aflac's $100 billion-plus global portfolio and its orientation toward Japan. The panelists also dive into the correlation between data science and credit and why big data could one day assist with sound credit analysis. Panelists include: David Barcus, director of investments, Denison University; Eric Kirsch, global chief investment officer, Aflac; Rodney Overcash, investment director, Margaret A. Cargill Philanthropies. Neal Graziano moderated.
Hear asset allocators discuss why they don't have exposure to P2P lending investments; why P2P lending could one day be a competitor to traditional asset-backed securities; and the importance of sound credit underwriting. Panelists include: David Barcus, director of investments, Denison University; Eric Kirsch, global chief investment officer, Aflac; Rodney Overcash, investment director, Margaret A. Cargill Philanthropies. Neal Graziano moderated.