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Showing 71 - 80 of 1561 results for "loans"

Private credit market has lenders sweating

ANDREW MCKEAN  |  THURSDAY, 5 JUN 2025
... situations," Morningstar said. "For example, in cases where borrowers face financial difficulty, managers may restructure loans, take equity positions in a business, and implement turnarounds to recover capital." It also said that transparency remains ...

ASIC sues former director of crypto platform owing nearly $60m

MATTHEW WAI  |  THURSDAY, 29 MAY 2025
... made separate transactions of up to $1.4 million and $2.6 million from the platform for various reasons, including personal loans. He was also found to have transferred approximately $1.8 million worth of bitcoins from an investor into his personal wallet ...

MA Financial eyes acquisition

ELIZA BAVIN  |  WEDNESDAY, 21 MAY 2025
... Monroe Capital and Sumitomo Mitsui Banking Corporation (SMBC) to invest up to $2.6 billion (US$1.7 billion) in senior secured loans to US middle market borrowers. MA Financial will contribute to the investible capital via its managed funds. MA Financial ...

ASIC sues home loan manager over 'unlawful' hardship application handling

MATTHEW WAI  |  WEDNESDAY, 21 MAY 2025
... Australian Securities and Investments Commission (ASIC) has filed legal proceedings against Resimac, which manages non-bank loans provided by Perpetual Trustees, for failing to provide appropriate care in responding to hardship applications. Resimac ...

US financial market dominance can't last indefinitely: MSCI

ANDREW MCKEAN  |  MONDAY, 12 MAY 2025
... meanwhile, has held up somewhat better, distributing at around 40% to 60% of historical levels, helped by the fact that loans naturally mature. Lester said that "real slowdown" in distributions reflects that many assets are being held - let's say ...

MA Financial partners to invest $2.6bn in middle market loans

MATTHEW WAI  |  WEDNESDAY, 7 MAY 2025
... Capital and Sumitomo Mitsui Banking Corporation (SMBC) will invest up to US$1.7 billion (AU$2.6 billion) in senior secured loans to US middle market borrowers. The joint venture expects to benefit from broad access to high-quality, proprietary deal flow ...

Channel Capital launches Apollo asset-backed credit trust in Australia

MATTHEW WAI  |  WEDNESDAY, 7 MAY 2025
... Asset-backed finance encompasses a broad set of credit types, which includes residential mortgages, credit cards, student loans, infrastructure royalties, and more. According to data from SIFMA, JP Morgan, Apollo and the Financial Stability Board, asset-backed ...

Vado Private announces senior hire

ELIZABETH FRY  |  THURSDAY, 1 MAY 2025
Vado Private, the private credit provider, has recruited a funds management lead as demand for private corporate loans soars. Mark Zukerman has been appointed to the newly created position and will join the investment committee, ensuring the private ...

Shield Master Fund terminated, new receivers for Keystone Asset Management

KARREN VERGARA  |  WEDNESDAY, 16 APR 2025
... significant amount of SMF funds into the Advantage Diversified Property Fund (ADPF). "The ADPF has in turn made a number of loans to various special purpose vehicles in relation to potential land and/or property development projects. Many of these loans ...

IAM to bring managed account with syndicated loan access to market

MATTHEW WAI  |  WEDNESDAY, 16 APR 2025
... exposure to high-quality debt with stable yields comparable to maturing ASX-listed hybrids, it said. The focus on syndicated loans can provide stronger investor protection, rigorous due diligence, and alignment with banking syndicates in the event of ...