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Nomura-Backed Corinthia Hires Private Credit Team From Barings - Vimarsana News

Nomura-Backed Corinthia Hires Private Credit Team From Barings

(Bloomberg) -- Corinthia Global Management, a platform backed by Nomura Holdings Inc., is hiring a private credit team of more than 20 people from Barings in one of the largest so-called team lifts at an alternative asset manager in recent years, according to people with knowledge of the matter.Most Read from BloombergOne of the Most Infamous Trades on Wall Street Is Roaring BackStock Traders Bracing for Worst Shrug Off Hot CPI: Markets WrapUS Core Inflation Tops Forecasts Again, Reinforcing Fed

Source: yahoo.com
Flawed Valuations Threaten $1.7 Trillion Private Credit Boom - Vimarsana News

Flawed Valuations Threaten $1.7 Trillion Private Credit Boom

Fund managers in this red-hot asset class are often valuing their loans more generously than others do. Regulators are starting to worry.

FIFDH Impact Days unveils its programme - Vimarsana News

FIFDH Impact Days unveils its programme

14/02/2024 - The industry platform is gearing up to welcome numerous teams of participants, gather professionals from around the world and present a series of case studies on impact campaigns

KKR Scoops Up Auto Loan Portfolio as Regional Banks Shed Assets - Vimarsana News

KKR Scoops Up Auto Loan Portfolio as Regional Banks Shed Assets

(Bloomberg) -- Private equity giant KKR & Co. has purchased a portfolio of prime auto loans from Georgia-based Synovus Financial Corp., as US regional lenders continue to sell assets to shore up capital.Most Read from BloombergEveryone Wants to Work at UPS After Teamsters DealWeWork Tumbles After Raising ‘Substantial Doubt’ About FutureUS Bank Shares Drop as Moody’s Cuts Ratings, Warns on RisksWall Street WhatsApp, Texting Fines Exceed $2.5 BillionTesla CFO Kirkhorn Exits With $590 Million Fortu

Source: yahoo.com
Blackstone Sees Openings for Private Credit as Tech Growth Slows - Vimarsana News

Blackstone Sees Openings for Private Credit as Tech Growth Slows

Viral Patel discusses a rift in valuations between buyers and sellers, along with Blackstone’s eye on long-term tailwinds and defensive investments.