Institutional Investors

The Opportunistic Credit proposition in Europe is, in our view, based around liquidity, or lack thereof, in European capital markets. Opportunistic credit does not require stress/distress (but can include it); instead it allows for superior returns for the provision of capital in constrained, complex or non-vanilla scenarios. In this respect the opportunity is more compelling … Read more

Last week, Thomas Lloyd-Jones, our CIO spoke at the Private Debt Investor 2024 Europe Summit in London. During the Investment Committee panel session, Tom presented a recent investment case study, highlighting our ability to find smart structuring solutions for borrowers. Thank you to Private Debt Investor and the other panelists Fabian Chrobog, Matthias Kirchgaessner, Itamar … Read more

It has long been our view that European CRE liquidity issues may be the most acute. In comparison with the US, CRE credit is still bank dominated, and those banks are firmly in risk off mode. Europe also has no capital markets union; cultural, legal and language barriers between countries that many lenders are not … Read more

Don’t miss Tom Lloyd-Jones speaking at the PDI Europe Summit on 7-8 May in London. He will be discussing how credit quality is holding up against economic development and how to support portfolio growth from a diverse investor standpoint. 

It was great to be at the Alternative Credit Council Private Credit Investor Forum 2024 in Miami last week and it particularly interesting to hear the growing prominence of special situations strategies – both US and European centric – in the forefront of LPs’ allocation decision making. The transaction set in European special situations real estate is the … Read more