Debtwire’s Post

Last week, Partner Jared B. connected with Alternatives Watch for a predictive piece on what may be next for the #secondaries industry in 2024. Jared discussed his expectations for secondary deal volume, outlook on pricing in 2024 compared to last year, predictions for M&A activity and more. Read his full insights here: https://lnkd.in/e9B7RPt8 #ExecutiveVisibility #PrivateEquity

Refinancing risk has witnessed a notable moderation in the first quarter of the year according to the latest research, since the combination of stable interest rates, narrow spreads, and investor demand provided a window of opportunity for many companies to get ahead of upcoming maturities. #risktransfer #securitisation #refinancing Register for the 30 day free trial to read the story. https://lnkd.in/eZKUaB2T

Alternatives Watch wondered whether 2024 would see this continued hustle and bustle in the #secondaries market and what it meant for the current vintage of #privateequity . So we sat down for a Q&A with Jared B., partner at Kline Hill Partners, who shared his view of the role secondaries are likely to play in 2024 as the industry hopes to bounce back from a period of muted M&A and IPO exit activity. https://lnkd.in/gwRyJQ9c

At our Innovate Finance Global Summit (IFGS) last week we held a roundtable discussion on designing regulators of the future. We talked about all the work UK regulators have done to support FinTech over the past decade, and what more needs to be done over the next decade. In that context I was really interested to read about a project being led out of Nesta called 'The Radical How: UK 2040 Options and Public Digital'. While this work takes a broader look at government and the opportunity to change how government works for the better, the main recommendations contain a number of issues we touched on at IFGS, and will be reflecting on as we design our final FinTech manifesto recommendations on this topic. 10 fundamental changes proposed in the Radical How: 1. Make outcomes matter most 2. Let outcomes define accountability 3. Demand politicians set direction through missions 4. Add more (multidisciplinary) teams to get more done 5. Open up 6. Fund teams, not programmes 7. Reinvent procurement 8. Train civil servants for the internet era 9. Invest in digital infrastructure 10. Lead with courage Massive shout out to Sarah C Young for pointing me in the direction of this exciting research work 🙌 Also one for you Luke Heselwood, PhD to be aware of. https://lnkd.in/eyZcZA4z #IFGS #digitalgovernment #nesta #fintech #digitalservices

SaaS Tech Is the Right Fix for the FX Market  In the FX world, being ready for T+1 is of paramount importance, but there are also other issues that the recent J.P. Morgan eTrading survey underscores. Indeed, reducing brokerage and execution fees were a cause for concern among the J.P Morgan survey respondents. In this article, Vikas Srivastava, Chief Revenue Officer at Integral Development Corp., discusses the survey and offers an answer to investors on how to reduce those costs. #fxtrading #tradingcosts #buyside #fxmarkets https://lnkd.in/dKPHQ7RP

The European Corporate outlook this year will likely remain mixed since European economies, where the bulk of SRT transactions originate from, are expected to avoid a hard landing as interest rates normalize. However, refinancing risk over the next two years will be on the minds of SRT investors, but recent research points to differences in performance between investment and non-investment grade corporates, industry sectors as well as jurisdictions.  #risktransfer #securitisation Register for the 30 day free trial to read the story. https://lnkd.in/gaJa-zgb

The European Corporate outlook this year will likely remain mixed since European economies, where the bulk of SRT transactions originate from, are expected to avoid a hard landing as interest rates normalize. However, refinancing risk over the next two years will be on the minds of SRT investors, but recent research points to differences in performance between investment and non-investment grade corporates, industry sectors as well as jurisdictions.  #risktransfer #securitisation Register for the 30 day free trial to read the story. https://lnkd.in/gqCHMXZ7

Allocators piled over $7.9 billion across alternative asset classes in January, paying particular attention to multiple opportunities in credit strategies. Here’s the latest AW Research Investor Scorecard with the details on all 69 mandates. #allocations #mandates #privateequity #privatecredit #data

Liquidity and Compliance for Financial Institutions – Why Real-Time Is the Only Answer To ensure resilience in a real-time economy, financial institutions need to be able to see and understand their real-time position, writes Nick Jepson, Chief Revenue Officer at Planixs. This is both a strategic benefit and an existential necessity, Mr. Jepson explains, as real-time liquidity management is the only way institutions can remain both fully compliant and sufficiently agile to negotiate an economy ruled by speed. #realtimedata #banks #compliance #liquidity https://lnkd.in/dE-WST7v

2023 Top % Most Active Options Trading by Industry Options continue to become more important to investors, which is evident by the rising volume of trading. Consequently, it is also valuable to understand which brokers are active in a particular stock option. In this article, Bruce Fador, a senior advisor and Partner at Vesel Interactive LLC, highlights the top industries in options trading volume in 2023. #optionstrading #axe #tradingvolume #optionsmarket #marketmaker https://lnkd.in/dptuEtHM