ABS
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New GW&K fund targets retail securitized buyers
B3E still deters bank buyers of agency MBS
Talking Point 18 July 2025
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Brazil's private credit growth attracts global investment giants
KKR joins rush into Brazil's expanding private credit market
Brazil's structured credit market is experiencing sustained growth, with private credit funds capturing R$323.1bn in net inflows during 2024. This momentum, driven by regulatory changes and the rising popularity of the asset class, is also prompting global investment giants to seek strategic partnerships with local players.
Reflecting this appetite, KKR, the US$664bn investment behemoth, has recently formed a .......
News Analysis 18 July 2025
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Regulatory reform set to 'begin delivering'
European ABS on the cusp of a steady but meaningful evolution
European public securitisation volumes are expected to start building steadily over the next five to seven years, as long-awaited regulatory reform finally begins delivering. The evolution of the market is also likely to receive a boost from the emerging intersection of green finance and ABS.
The European Commission’s proposed changes to the Capital Requirements Regulation (CRR) and the .......
Talking Point 18 July 2025
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Job swaps weekly: Man Group snaps up Bardin Hill
People moves and key promotions in securitisation
This week’s roundup of securitisation job swaps sees Man Group acquiring US private debt manager Bardin Hill. Elsewhere, Moody's Ratings has appointed a global head of its financial institutions group, a global head of its structured finance group and a global co-head of insurance, while transitional leadership appointments have been announced ahead of the merger between two subsidiaries of .......
Market Moves 18 July 2025
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Balbec rapidly deploying Fund VI amid mortgage and consumer debt surge
Asset-based credit firm leans into smaller, operationally co...
Balbec Capital is ramping up activity across all corners of the residential loan market, CRE loans, consumer NPLs and secondary portfolios from struggling lenders, after having deployed over half of its sixth flagship fund. Despite a tough fundraising climate, the firm raised more than expected for Fund VI, as demand for niche, cash-flowing credit strategies continues to grow.
The Structured Credit Interview 18 July 2025
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SCI in Focus: Cloudy days for US solar market
Sunnova/Mosaic bankruptcies illuminate sector frailties
News Analysis 14 July 2025
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Job swaps weekly: Akin appoints ABF-focused partner
People moves and key promotions in securitisation
This week’s roundup of securitisation job swaps sees Akin Gump Strauss Hauer & Feld hiring a new partner to ramp up its ABF offering. Elsewhere, an industry veteran has left their role at Cadwalader Wickersham & Taft to take up a new challenge at Winston & Strawn, while Trustmoore has appointed a new ceo.
Akin Gump Strauss Hauer .......
Market Moves 11 July 2025
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IP rights and royalties ABS: private shift - video
MetLife Investment Management's Priya Desai speaks to SCI ab...
....... News Analysis 10 July 2025
US insurers love mortgage structured products
Annuity providers lead the charge into resi mortgage assets
The Structured Credit Interview 8 July 2025
Ferovinum bottles world-first public securitisation of wine and spirits
Landmark deal backed by inventory and receivables across win...
Ferovinum has closed the world’s first public asset-backed securitisation of wine and spirits - a landmark esoteric transaction that combines both physical inventory and future receivables into a globally scalable structure. The US$550m facility, backed by inventory and receivables across wine, spirits and non-alcoholic beverages, marks a major step forward in unlocking real economy ABS at scale.
News 4 July 2025
Job swaps weekly: Sound Point names Gerlitz's successor as global cfo
People moves and key promotions in securitisation
This week’s roundup of securitisation job swaps sees Sound Point Capital Management naming a new global chief financial officer. Elsewhere, EBRD’s first vp and head of client services group has retired, while the completion of BNP Paribas Cardif’s acquisition of AXA Investment Managers has been followed by the consolidated platform announcing its new leadership team.
Sound Point Capital .......
Market Moves 4 July 2025
SCI in Focus: Private credit expands its role in APAC securitisation
Australia's innovation and Japan's fund finance surge boost...
Private credit is playing an increasingly prominent role in the evolution of Asia-Pacific’s securitisation markets, evolving from a niche to a norm. Throughout the region, private credit is emerging not only as an alternative to public securitisation but as a complementary strategy enabling new asset classes, supporting lending scale and incubating platforms for future public issuance.
The scale .......
News Analysis 3 July 2025
Swiss art-backed securitisation debuts
ArtSecure Capital's Sfr250m ABS brings blue-chip fine art to private credit markets
News 2 July 2025
'Keep calm, but keep cautious'
Rob Ford, retired founding partner of TwentyFour Asset Manag...
Q: How would you characterise the current state of the European securitisation market?
Talking Point 2 July 2025
A: Last year was fantastic for performance: spreads generally recovered throughout 2024 from a relatively wider level, having been through 2022-2023, where markets weren’t in such great shape because of inflation- and interest rate-led concerns. We didn’t have a boom, but a gradual tightening of spreads, which .......
EBA survey confirms growing SRT appetite
'Wide range' of CET1 capital relief reported
EU/EEA banks’ SRT issuance represents slightly more than half of their total outstanding securitisation volumes of around €1trn, according to EBA Supervisory Reporting data since 2017. Indeed, the authority’s latest Risk Assessment Questionnaire (RAQ) confirms the wide usage of SRTs by banks: more than half of the region’s banks have so far made use of SRTs and around three-quarters .......
News 30 June 2025
Job swaps weekly: O'Melveny launches cross-disciplinary group with securitisation partners
People moves and key promotions in securitisation
This week’s roundup of securitisation job swaps sees O’Melveny launching a cross-disciplinary special credit and liability management group. Elsewhere, Investec has appointed a senior originator within its global fund solutions team, while Sona Asset Management has appointed a London-based md and head of credit strategy.
O’Melveny has formed a new cross-disciplinary special credit and liability management group, reflecting .......
Market Moves 27 June 2025
EU securitisation reforms: a step forward, but is it enough?
Investors still face 'significant hurdles' compared to other asset classes
The European Commission’s recently proposed amendments to the EU securitisation framework aim to reduce the high operational costs for issuers and investors in EU securitisations and simplify certain due diligence and transparency requirements. While the changes have been welcomed as a positive step forward by many in the market, there is concern that the reforms may not go .......
News 27 June 2025
Carlyle and Diversified ink partnership for US energy assets amid global oil supply tensions
US$2bn deal targets mature domestic PDP assets as energy sec...
Carlyle and Diversified Energy Company (DEC) have teamed up to invest up to US$2bn in proven developed producing (PDP) oil and natural gas assets across the US, as a convergence of factors – from a robust pipeline of acquisition opportunities and rising demand for stable, cash-generating domestic energy assets – drives investor appetite. Heightened geopolitical tensions, including recent strikes .......
News 25 June 2025
Pricing resistance: PGGM's take on risk sharing
PGGM emphasises lenders' credit underwriting capabilities
News 24 June 2025
ABF booms on flexible capital, but talent gap looms
Structural innovation and smart capital power rapid market e...
Flexible structures and fresh capital are driving rapid growth in asset-backed finance (ABF), but a shortage of skilled talent threatens to slow momentum. In last week’s webinar, ahead of SCI’s European ABF Forum in London on 13 October, participants highlighted that from creative legal engineering to strategic partnerships, ABF is thriving on flexibility. .......
News Analysis 24 June 2025