Alternatives

The average middle market fund has less than 26% of its loans in high-collateral deals. Here’s what to do about it.

Infrastructure project financing represents a compelling way for investors to access the significant growth potential of the global energy transition.

Despite limited M&A and IPO activity, the diversification profile of a secondaries-focused strategy may boost distributions and liquidity compared to primaries.

NYCB downgrade isn’t rattling other financials or credit markets, and showcases the opportunity in private lenders.

Recent liquidity events related to portfolio companies in which PIF invests through its private equity holdings.

Combining middle market loans with strategically sourced deals in private placement and project finance markets allows for a more diversified portfolio that has the potential to deliver returns that have been less correlated to economic cycles.

Next year’s alts themes are pension funds’ move into private credit, the IRA-driven appeal of renewables infrastructure debt, and big opportunities in mortgage derivatives.

High rates make it a dreadful time to buy a home, but an excellent time to buy interest-only and inverse interest-only securities.

Buying assets at a discount is one of the key benefits of investing in secondary private equity funds. But is it the most significant driver of long-term returns?

Residential mortgages are transformed by investors’ de-risking process into a spectrum of assets, from very stable CMO bonds to mortgage derivatives, credit risk transfers and more. The result is a broad range of liquid investment opportunities featuring differentiated risk profiles and attractive risk-adjusted returns.