CVC Credit prices fourth global new-issue collateralised loan obligation
Bank of America served as lead arranger on the transaction.
Strategic asset allocation sets the long-term mix of assets an insurer expects to hold against its liabilities and capital constraints. The allocation is informed by expected cash flows and returns, but also by credit quality, liquidity, concentration, currency, tax, accounting and the solvency treatment of each asset. A portfolio can look attractive on a standalone return measure and still be unsuitable for the liability it is intended to back.
This section covers changes in insurer portfolios, manager appointments and the research shaping long-term allocation decisions. It includes public markets, private assets and the governance behind allocation changes. Related sections on ALM, private credit and matching adjustment show the liability, capital and regulatory context that often determines how an allocation can be implemented. The directory links make it easier to identify the investment managers, consultants and technology providers named in the coverage. Articles distinguish a stated allocation decision from the market conditions surrounding it.
Bank of America served as lead arranger on the transaction.
Forty per cent of the capacity is already generating.
The Steinbrenner family will keep full control of the baseball franchise.
The commitment will run over a two-year period.
The 50-year partnership will deliver 3,300 student rooms from 2028.
The senior facility sits alongside €182m of preferred equity from Affinius Capital and Macquarie in a €732m package on 1,812 Dublin homes.
The programme invests across listed and private markets through equity and debt, aimed mainly at continental Europe and at strategic sectors and SMEs.
The £61m financing is secured against the Snetterton biomass plant in Norfolk, structured so pension and insurance capital reaches infrastructure in...
The sale of 95% of a continuation vehicle holding about $523m of loans would cut net leverage to roughly 0.4x from 1.38x.
Performance fee income rose to CHF 6.0m as the Swiss Re tie-up completed its first full year and was fully integrated into GAM.