People & Markets

  • Capital Four expands in the US and hires ex MidOcean CLO PM

    Capital Four expands in the US and hires ex MidOcean CLO PM

    Danish credit asset management boutique Capital Four is expanding in the US and has hired former MidOcean CLO portfolio manager Jim Wiant to establish and lead the US business. Wiant has been appointed CEO of US Capital Four and portfolio manager. He will be based in the New York office.

  • Tottering Greensill puts fate of SCF clients in question

    Lawyers for struggling supply chain finance firm Greensill argued in court that over 50,000 jobs could be at risk from its collapse, precipitated by the withdrawal of credit insurance. But experts in the sector with knowledge of Greensill’s exposures argue that even Sanjeev Gupta’s Liberty Alliance empire could come out ahead.

  • Barclays, Deutsche dodge losses thanks to risk transfer market but investors tighten terms

    Barclays, Deutsche dodge losses thanks to risk transfer market but investors tighten terms

    The synthetic risk transfer market helped some of Europe’s biggest banks dodge loan losses last year, with Barclays saving more than £300m and Deutsche at least €150m. But the backdrop last year led to investors taking a tougher line on writing new credit protection, steering clear of pools with limited disclosure and hoping to dodge the most damaged sectors.

  • GlobalCapital Syndicated Loan, Leveraged Finance and Private Debt Awards 2020: the full results

    GlobalCapital Syndicated Loan, Leveraged Finance and Private Debt Awards 2020: the full results

    After a poll of market participants at the end of 2020, GlobalCapital can now reveal the winners of its annual Syndicated Loan and Leveraged Finance Awards. GlobalCapital can also reveal the winners of the Private Debt Awards. Regrettably, we still cannot celebrate the awards with you in person, but we congratulate all the winners and nominees in this exceptionally challenging year.

  • CLO tech firms step up as investors hone in on doc terms

    CLO tech firms step up as investors hone in on doc terms

    The complexity of CLO documentation, and the need for easy access to deal info is encouraging tech providers to step into the breach and offer solutions to simplify the time-consuming processes of CLO investing. As managers adapt their deals to handle the fallout of the pandemic, good tools to handle documentary complexity have become all the more important.

  • Tikehau appoints new head of CLO business

    Tikehau appoints new head of CLO business

    Tikehau Capital has appointed Christoph Zens from Commerzbank as head of the firm’s CLO business, replacing Debra Anderson who is set to retire in the second quarter of 2021.