The Riverside Company is mulling a potential sale of its direct lending arm, Riverside Credit Solutions. Sources cited by Bloomberg said that the firm is negotiating with potential buyers of the unit. The possible sale is part of a range of strategic options that Riverside is exploring, the sources said. Read more: “Compelling” opportunity for […] The post Riverside mulls sale of direct lending business appeared first on Alternative Credit Investor ..read more

Private debt investment manager Acre Impact Capital has announced the first closing of its Export Finance Fund I with commitments of $100m (£80.3m), and a target size of $300m. The fund has attracted a diverse group of investors including institutional investors, family offices and impact-first investors such as Trimtab Impact and Ceniarth. Major development finance institutions have also […] The post Acre Impact Capital announces first closing of Export Finance Fund I appeared first on Alternative Credit Investor ..read more

UK house prices fell by 0.2 per cent in the year to February 2024, up from a decrease of 1.3 per cent in the 12 months to January 2024, according to the latest UK House Price Index (UK HPI). On a non-seasonally adjusted basis, average house prices in the UK increased by 0.4 per cent […] The post UK house prices down 0.2pc year-on-year appeared first on Alternative Credit Investor ..read more

Schroders Capital chief investment officer Nils Rode has outlined the firm’s investment priorities, heading into the second quarter of 2024. Rode said debt and credit alternatives remain attractive, as interest rates stay high and banks, particularly in the US and Europe, continue to retreat. “As risk premiums in the liquid debt market have collapsed, private […] The post Schroders Capital outlines Q2 priorities appeared first on Alternative Credit Investor ..read more

Legal & General Investment Management (LGIM) has expanded its ETF range with the launch the L&G Energy Transition Commodities UCITS ETF. The fund, which is a first to market, offers investors liquid and diversified exposure to a combination of commodities central to the energy transition, providing access to three distinct commodity groups. These are transition […] The post Legal & General launches energy transition ETF appeared first on Alternative Credit Investor ..read more

Innovate UK and the British Business Bank (BBB) have strengthened their collaboration by signing a memorandum of understanding (MoU). The new collaboration will see the two organisations working even more closely together to co-create new opportunities to promote investment and to support UK businesses through better tailored offerings. The MoU pledges a collaborative approach to […] The post Innovate UK and British Business Bank sign MoU appeared first on Alternative Credit Investor ..read more

Apollo Global Management co-president James Zelter has said financial markets are undergoing a “massive transition” as use of private credit options begins to outstrip bank financing. Speaking at the Asia Pacific Financial and Innovation Symposium in Melbourne, Zelter said the role of banks was not going to be “eliminated” but was going to “evolve”. “The […] The post Apollo boss points to “massive transition” in financial markets appeared first on Alternative Credit Investor ..read more

PeerBerry has described plans to grow investment opportunities around the world after it delisted Polish loans from the platform at the end of 2023. The European peer-to-peer lending marketplace’s portfolio currently amounts to €109.9m, having declined to €106.1m after the Polish loans were delisted. To replace Polish loans, it has offered investors Mexican and South […] The post PeerBerry sets out portfolio growth strategy appeared first on Alternative Credit Investor ..read more

Peer-to-peer (P2P) lending is predicted to offer the most attractive real returns among fixed-income instruments by the end of 2024, and may overtake the S&P 500 index, according to analysts at Robocash. The Croatia-based P2P lending platform said people that invested in P2P in late 2023 or early 2024 will earn approximately 6.7 per cent […] The post Robocash: P2P market poised to rival S&P 500 in returns appeared first on Alternative Credit Investor ..read more

German asset manager DWS has launched a capital solutions business, forming part of a broader push into the alternative credit market. The business will be headed by new hire Vlado Spasov, who is based in London, and forms part of DWS’s alternative credit arm. Spasov joins from Trimontium Capital, where he was founder and chief […] The post DWS launches capital solutions arm in alternative credit push appeared first on Alternative Credit Investor ..read more