News

Each day, DailyAlts tracks major developments across the alternative investment world. Our content is procured from primary contacts in the industry and secondary sources across the web. Our goal is to give readers the most up-to-date news and engaging experience to open new doors and areas of knowledge. Our stories cover nine separate verticals of the alternative investment industry.

Top Story

Private Credit: Coronavirus to Shift Market in Profound Ways

Private credit has been one of the fastest-growing areas of the credit market since the great credit crisis ended a decade ago. As banks stepped back from small and mid-market lending, especially in riskier areas like expansion and takeovers, funds sprang up to fill the void for a price. Institutions pensions placed enormous sums of money in private credit vehicles to capture higher yield as interest rates on other fixed-income investments declined steadily. The private credit markets have grown from just $237 billion in assets in 2008 to an estimated $812 billion today. That’s a growth rate of almost 12%. Some estimates say that 70% of small to midsize businesses are at least partially financed by private credit funds. Private Credit and Coronavirus Coronavirus will challenge and could reverse the rapid growth of private credit. It is going to be a lot harder to raise money in the private credit business until we know the full impact on the economy and financial markets. There is a real chance that pension funds, one of the biggest investors in private credit, will have to add to their equity portfolios. A significant market decline could trigger an asset allocation shift towards stocks. That…

Read more

Get Daily Updates

Subscribe to DailyAlts Today to get Alternative Investment news, insight, and commentary delivered straight to your inbox every day.

  • This field is for validation purposes and should be left unchanged.

https://dailyalts.com/wp-content/uploads/2019/10/libra-4283995_1920-lawmakers-write-e1577667870235.jpg
Digital Assets: Swiss President Says That Facebook’s Libra Has Failed
December 30, 2019

Switzerland president Ueli Maurer took a swipe at the Facebook Libra project as he prepares to walk out the door. The nation’s finance minister and the outgoing president called for…

https://dailyalts.com/wp-content/uploads/2019/12/52e0d4414e52ac14ea898579ce203e7c1d22dfe05456754e722b73d3_640.jpg
Kennedy Wilson Raises $775 Millon for New Real Estate Fund
December 27, 2019

Kennedy Wilson has locked up $775 million for a new fund. The Beverly Hills-based firm closed fundraising of the Kennedy Wilson Real Estate Fund. The real estate investment firm’s new…

https://dailyalts.com/wp-content/uploads/2019/12/57e1d24a4e51a914ea898579ce203e7c1d22dfe05456754e732e7ed5_640.jpg
Venture Capital Firms Look for ClassPass to Hit $1 Billion Valuation
December 27, 2019

ClassPass could hit a $1 billion valuation, according to Reuters. A new report reveals that the fitness subscription app aims to raise another $285 million.

https://dailyalts.com/wp-content/uploads/2019/12/57e2d64b4354a814ea898579ce203e7c1d22dfe05454784b70277cdd_640.jpg
First Eagle Investment Management to Purchase THL Credit
December 27, 2019

First Eagle Investment Management with acquire THL Credit, an alternative credit manager with approximately $17 billion in assets under management. The deal will likely close in the first quarter, according…

https://dailyalts.com/wp-content/uploads/2019/12/icon-720934_1920-crypto-error.png
Digital Assets: The YouTube-Vs.-Crypto Standoff Ends Happily Ever After
December 27, 2019

YouTube pushed crypto-channel owners into hiding. Now its admitted to an error. It will reinstate videos and resolve strikes.

https://dailyalts.com/wp-content/uploads/2019/12/tip-jar-1796480_1920-student-debt.jpg
Alternative Investments: America’s Student Loan Debt in 2019 Hits New Record
December 27, 2019

A college degree is no longer a tool; it’s a luxury available to the rich About 45 million people in the US are being crushed under the weight of federal…

https://dailyalts.com/wp-content/uploads/2019/12/140714_0057_a01-KKR-ELL.jpg
Private Equity: KKR Earns 5X on Divestment of Locomotive Leasing Company
December 27, 2019

Infrastructure investments can deliver solid returns judging from private equity giant KKR’s sale of European Locomotive Leasing (ELL) last week. ELL is a leading provider of electric locomotive leasing solutions…

https://dailyalts.com/wp-content/uploads/2019/12/blockchain-3357567_1920-shenzen-blockchain-index.jpg
Digital Assets: Chinese Stock Exchange Sets Up Blockchain Index
December 27, 2019

China’s tech-heavy bourse, the Shenzen Stock Exchange, announced December 24 its introduction of an index to track the performance of China’s top 50 blockchain companies including startups. According to a…

https://dailyalts.com/wp-content/uploads/2019/12/China_Construction_Bank_Headquarter_Beijing-temasek-blackrock-e1577341912192.jpg
Alternative Investments: Now, BlackRock, Temasek in Chinese Wealth Management JV
December 26, 2019

Global asset manager BlackRock and sovereign wealth fund Temasek are making a beeline for the vast opportunities opening up in the Land of the Red Dragon. Chinese regulations now allow…

https://dailyalts.com/wp-content/uploads/2019/12/54e2d044574ffd08f3d18c74c5202a7f1038d9e65b5072417c_640.jpg
Alberta Investment Management Joins KKR in Canadian Pipeline Deal
December 26, 2019

Alberta Investment Management is linking up with private equity giant KKR to purchase a big stake in TC Energy’s Coastal GasLink Pipeline. The Canadian pipeline project is part of a…

Scroll to Top