ABS
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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
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Aviation finance: Cloud cover - video
GlobalAir Finance Services's Wallach speaks to SCI about cha...
....... News Analysis 24 June 2025
Job swaps weekly: Blackstone hires CLO veteran from Jefferies
People moves and key promotions in securitisation
This week’s roundup of securitisation job swaps sees Blackstone snapping up Jefferies’ global head of CLOs. Elsewhere, Chorus Capital's head of origination resigns to take up a new challenge, while Värde Partners has launched a fund finance strategy.
Blackstone has hired Jefferies’ global head of CLOs and head of European securitised markets, Laura Coady. Coady confirmed the moved .......
Market Moves 20 June 2025
Asset managers capitalising on strong demand
European ABS funds have a good May
May brought renewed strength to the European ABS market, as easing geopolitical tension and lower eurozone inflation improved risk sentiment. Monthly fund factsheets monitored by SCI suggest that asset managers responded by capitalising on strong demand and attractive carry opportunities particularly in UK and European consumer ABS.
Amundi portfolio managers reported that “the primary market resumed its course in .......
News Analysis 19 June 2025
Carlyle and Citi ink ABF partnership for fintech lenders
Firms merge private-public market expertise to fund fintechs across credit lifecycle
Carlyle Group and Citi have launched a long-term asset-backed finance (ABF) collaboration targeting the fintech specialty lending space – an alliance poised to transform the way institutional capital reaches the US$18trn consumer credit market.
“We’re not just providing capital – we’re offering end-to-end financing solutions that help these platforms grow, evolve and eventually access public .......
News 18 June 2025
Oaktree's ABF pipeline 'exploding'
After fielding over 300 deals worth US$20bn since 2023, the...
Oaktree Capital Management is experiencing an exponential increase in asset-backed finance (ABF) deal flow, with more than 300 unique transactions totalling nearly US$20bn crossing its desk since May 2023. The surge - driven by a shifting bank posture, public market dislocation and the firm’s push into unrated ABF opportunities - shows no signs of slowing.
“Our pipeline is .......
The Structured Credit Interview 16 June 2025
Australian ABS undergoing period of transition
Bank retreat diversifying securitisation landscape
The Australian ABS market is undergoing a period of transition, driven by reduced activity from major banks, growing participation from non-bank lenders and a slow but steady evolution in green securitisation. These themes were discussed during the Australian Securitisation Forum’s recent London Investor Seminar, during which speakers discussed funding dynamics, environmental risk considerations and consumer resilience amid tightening financial .......
News 16 June 2025
Job swaps weekly: RenaissanceRe promotes senior SRT executives
People moves and key promotions in securitisation
This week’s roundup of securitisation job swaps sees RenaissanceRe elevating two SRT leaders in a round of senior executive promotions. Elsewhere, Bayview Asset Management is building out its ABF capabilities with the addition of a senior advisor in its insurance asset management business, while AlbaCore Capital Group has appointed an md and portfolio manager for its European CLO platform.
Market Moves 13 June 2025
DeFi securitisation breakthrough?
Figure Markets launches first blockchain-based RWA credit facility
Figure Markets has launched a US$15m senior lending facility, initially backed by home equity lines of credit (HELOCs) originated by Figure Lending, marking the first real-world assets (RWAs) financing on a decentralised finance (DeFi) marketplace. The facility enables institutional and retail investors to lend on equal terms in a fully decentralised system.
“In a nutshell, the innovative aspect .......
News Analysis 12 June 2025
Views from Barcelona: EC vote, positive CLO outlook and fintech considerations
Global ABS participants anticipate smoother sailing ahead fo...
Securitisation markets may benefit from increased stability in the months ahead, according to speakers at FT Live Fixed Income Events' Global ABS conference. Practitioners broadly expressed hope that turbulence surrounding Trump’s Liberation Day tariffs was easing, and looked ahead as the European Commission prepares to vote on the joint committee proposals for EU securitisation regulation.
The new proposed .......
News 11 June 2025
Views from Barcelona: EC capital proposal could be 'transformational'
The SRT market continues to gather momentum, with 2025 shaping up to be a year of growth and diversification, according to speakers at AFME and FT Live’s Global ABS conference. ‘De-Risky Business: SRT Market Overview’ panellists pointed to a broadening issuer base, surging investor demand and regulatory developments as key drivers behind the sector’s evolution.
“SRT is no .......
News 11 June 2025
Views from Barcelona: ABS held its ground amid April chaos
The European ABS market has demonstrated superior performance compared to other fixed income asset classes, according to speakers at FT Live Fixed Income Events’ Global ABS conference. During the ‘Stability among chaos: capital markets forecast’ panel, they noted how the ABS market navigated the uncertainty and shock of April and ‘Liberation Day’.
“European ABS performed well versus alternatives .......
News 10 June 2025
SCI In Conversation Podcast: Christophe Fritsch, AXA IM Alts
We discuss the hottest topics in securitisation today...
In this episode of SCI In Conversation, Christophe Fritsch, global head of alternative credit at AXA IM Alts, speaks with associate editor Marta Canini about the firm’s new diversified evergreen private credit strategy. Fritsch also discusses rising institutional and retail demand, the impact of ELTIF 2.0, sourcing in a crowded market, and why 2025 could be a defining year for .......
News Analysis 10 June 2025
Job swaps weekly: Howden acquires Granular Investments to bolster CRT capabilities
People moves and key promotions in securitisation
This week’s roundup of securitisation job swaps sees Howden make a major acquisition to strengthen its European credit risk transfer capabilities, which will see two vendor founders work closely with its global credit and political risk team. Elsewhere, the TCW Group has named three co-portfolio managers to lead its newly launched private asset-backed finance interval fund, while a former .......
Market Moves 6 June 2025
European DataWarehouse expands to India with Bangalore office
New hub to serve global clients and develop securitisation products
European DataWarehouse (EDW) has started its operations in India by opening a new office in Bangalore. The goal of the company’s new centre for IT operations is to provide round-the-clock service for clients operating in non-European time zones, with software development and support for EDW’s flagship platforms on securitisation.
Dr Christian Thun, ceo at EDW, tells .......
News 4 June 2025
BC Partners to explore insurer-led strategy as private credit demand soars
With US$1bn deployed from its latest fund, BC Partners ramps...
Nearly two months after closing its third Special Opportunities Fund (SOF III) at US$1.4bn, BC Partners has deployed almost US$1bn of capital and is now exploring an insurance-focused, permanent-capital strategy alongside a growing retail distribution push.
“We’re exploring new strategies, one of which could involve a more permanent capital base, potentially through an insurance channel. That’s something we’re .......
News 3 June 2025
SCI In Conversation Podcast: Scott Frame, Bank Policy Institute
We discuss the hottest topics in securitisation today...
In this episode of SCI In Conversation, Scott Frame, senior vice president and deputy head of research, at the Bank Policy Institute in Washington DC, talks to US editor Simon Boughey about how post-GFC regulation capped growth in the securitisation market and what types of beneficial changes might emanate from the current administration.
This episode can be accessed News Analysis 30 May 2025
Job swaps weekly: Lane42 names senior execs for new strategy launch
People moves and key promotions in securitisation
This week’s roundup of securitisation job swaps sees Lane42 Investment Partners naming six senior executives to spearhead the launch of its capital opportunities investment strategy. Elsewhere, K&L Gates has promoted a structured finance partner to global managing partner, while DunPort Capital Management has followed the launch of its strategic partnership with Vertis Capital Partners by making three senior leadership .......
Market Moves 30 May 2025
EC proposes 'serious' adjustments to the CRR and SecReg
Leaked drafts point towards 'consistent and predictable' SRT framework
This week, two draft documents from the European Commission (EC) regarding proposed adjustments to the CRR and Securitisation Regulation were leaked. The picture that has emerged thus far is largely positive. Nevertheless, market sources warn that the devil remains in the detail.
The prevailing regulatory atmosphere in Europe is one of simplifying and reducing the burden for both .......
News 29 May 2025