Fortress Investment Group’s Post

UK sponsor-backed financing activity experienced a modest slowdown in Q3 2024, as ongoing M&A sluggishness and seasonal dynamics impacted deal flow, according to the latest data from global investment bank, Houlihan Lokey. #UKDebtMarket

Lazard Inc., renowned for its expertise in rescuing debt-ridden countries, faced a new challenge with Zambia’s $13.4 billion debt restructuring. Traditionally, Lazard’s team would swiftly negotiate new terms for struggling governments. However, this time, China, as the largest lender to developing nations, complicated the process by demanding more favorable terms, highlighting a shift in global financial dynamics and the increasing influence of Chinese lenders over traditional Wall Street bondholders. https://lnkd.in/gW_xX5iX

Thank you to Lee Harris and Joseph Cotterill from the Financial Times for covering the historic Scaling4Impact securitization. The transaction referenced $1 bn of lending by our partner IDB Invest, as multilateral lenders are urged to use securitization to make their capital go further.    According to James P. Scriven, chief executive of IDB Invest, the MDBs must move away from the traditional buy-and-hold model to achieve the scale necessary to address today’s development imperatives.    There’s a growing wave of activity in this space and we hope this deal will spark even more. We’re excited to be on the verge of a major shift in how multilateral institutions can expand lending and collaborate with the private sector.    https://lnkd.in/ePAry7gD

📈 The private debt market in Australia is booming! With an impressive 11.2% annualised growth rate over the past decade, reaching $22.3 billion in 2023, it's clear that private markets are becoming an increasingly attractive investment option.   🏦 As traditional lenders tighten their criteria, alternative finance is filling the gap. At Archer Wealth, we're at the forefront of this trend, offering wholesale investors the opportunity to tap into this growing market.   💰 Our approach is simple yet powerful: • 0% Management Fees • Returns of up to 15% p.a. • Real Estate Secured on all Private Debt • Low Risk Exposure   🚀 Since 2019, we've grown from $0 to over $322 million in available funds through our investor pool. Our track record speaks for itself - we've funded over $250+ million in loans.   🤝 If you're a sophisticated investor looking to diversify your portfolio and capitalise on the private debt boom, let's connect. At Archer Wealth, we're not just riding the wave - we're helping create it.   #PrivateDebt #InvestmentOpportunity #FundsManagement #AlternativeFinance #WealthManagement #2024FinalistMortgageBusinessAwards #2024AustralianAchieverAwards #Gee Taggar

The Business Times discusses how an upcoming U.S. federal funds rate cut might drive the adoption of novel fund financing forms, such as net asset value (NAV) financing, in Southeast Asia. Regional lenders, who are already familiar with subscription line financing, may need to step up their understanding of these more complex leverage forms. Insights from Joan Ng, with comments from Beelee Seah, a partner at Norton Rose Fulbright, explore the current state and potential of NAV financing in the region. https://lnkd.in/ejz_3zJi #NAVLending #NAVLoans #FundFinance #PrivateDebt

#Canada #BMO The Financial Post reports in its Friday edition that investment bankers are urging Toronto-listed companies to buy a business or raise some money as deal volumes in Canada have fallen to their lowest levels in 23 years. The Post's Geoffrey Morgan writes that equity and equity-linked offerings in Canada fell for the third straight year to hit their lowest point since 2001. There were 236 deals in 2024, raising $17.2-billion, compared with $19.8-billion in 2023. https://lnkd.in/gmZcfmxN

The rise of private credit in the GCC is a testament to the region's evolving financial landscape! 🌍 With major players like PIF and ADIA stepping in, we can expect a surge in growth and diversification.

We have advised listed Australian entity Abacus Storage King on its recent landmark debt finance transaction with commitments of A$1.25 billion. This is a significant achievement for ASK, moving from a secured syndicated facility to a negative pledge common program, demonstrating its strong performance and enhanced stature in the Australian debt markets. The transaction was arranged by the Commonwealth Bank of Australia and Sumitomo Mitsui Banking Corporation. Pinsent Masons benchmarked terms and prepared and negotiated the documentation, steering the transaction to financial close this month. Our team was led by finance partner Jim Hunwick and senior associate Jesse McNaughton, with associates Migo Sanchez and Richard Beauchamp. Read more: https://ow.ly/vxui50Ufq41 #PinsentMasons #Finance #Australia

SC LOWY, a Hong Kong-based credit investor with $1.6 billion in assets, is shifting its investment strategy towards private credit in Asia and the Middle East. The move aims to meet growing investor demand and capitalize on rising opportunities within these regions. Pimfha C. | DealStreetAsia https://lnkd.in/e9vyiJQY #PrivateDebt #PrivateCredit

The sector is still a relatively new one for RIAs, multi-family offices and others, although not as obscure as it once was. According to the International Monetary Fund, assets under the management (deployed and committed) of private credit managers in the US reached $1.6 trillion in June last year, growing at an average annual rate of 20 per cent over the last five years. Private credit now accounts for 7 per cent of the credit to non-financial corporations in North America, comparable with the shares of broadly syndicated loans and high-yield corporate bonds. Market infrastructure is developing fast. Firms such as New York-headquartered iCapital, or CAIS (also in the US) and Moonfare (Germany), provide tech platforms over which alternative funds can be brought to market more efficiently than in the past. There is also an expanding market in secondaries – buying and selling private market stakes. Meanwhile, jurisdictions such as Guernsey, in the Channel Islands, have developed new markets to buy and sell shares in unquoted firms.