 Year: 1997 | 1998 | 1999 | 2000 | 2001 | 2002 | 2003 | 2004 | 2005 | 2006 | 2007 | 2008 | 2009 | 2010 | 2011 | 2012 | 2013 | 2014 | 2015 | 2016 | 2017 | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 | 2026 | |
-
News Analysis
-
-
Australian portfolio sales create new pipeline for ABS - SCI Analytics
Three major transactions have shifted A$55bn of loans in 2026 as banks sell assets to private capita...
Australia's loan portfolio market is seeing a flurry of record-sized sales as banks look to simplify balance sheets and...
25 August 2026
-
-
-
News Analysis
-
-
Serta ruling holds valuable takeaways for CLO managers
New decision forces managers to account for pro-rata breach risks in future LMEs.
The latest ruling on the litigation over Serta Simmons’ bankruptcy proceedings has revealed a number of key ta...
25 August 2026
-
-
-
SRT Market Update
-
-
MDB reveals details of first-of-its-kind Mexico SRT
SRT market update
The International Finance Corporation (IFC) has provided up to MXN1.795bn (approximately €90m) of credit protec...
24 August 2026
-
-
-
News Analysis
-
-
Inside Walkers' fund finance expansion
Stephen Hannigan on joining Walkers' Finance & Capital Markets team, the rise of NAV and hybrid ...
Q: You recently joined Walkers as a partner in Dublin. What drew you to the firm, and what did the finance and capital m...
24 August 2026
-
-
-
News Analysis
-
-
Manager tiering drives dispersion in US CLO BB cover DMs
Poh-Heng Tan from CLO Research provides insights into US CLO BB BWIC - comparing cover DMs across MV...
This article focuses on US CLO BB bonds traded last week, covering bonds with reinvestment periods (RPs) ending in 2029&...
24 August 2026
-
-
-
SRT Market Update
-
-
Veteran US investor lines up $300m financing
SRT market update
Seer Capital is working to secure a US$300m line of leverage with First Abu Dhabi Bank, and backed by an insurance polic...
24 August 2026
-
-
-
SRT Market Update
-
-
Large prime auto, new C&I risk transfer deals
SRT market update
In the week-ending August 14, Ally Bank brought a US$6.1bn prime auto CLN, and this is believed to have been the largest...
24 August 2026
-
-
-
SRT Market Update
-
-
Another marine/RV SRT sails forth
SRT market update
Huntington Bank is in the market with an anticipated US$483.4m synthetic securitisation of recreational vehicle (RV) and...
24 August 2026
-
-
-
News Analysis
-
-
US SRTs fail to pile in as structure and economics bite
US SRT growth is lagging expectations as structural hurdles temper rising private credit demand
The US synthetic risk transfer market is gaining momentum as banks look to use SRTs to manage concentrated credit exposu...
21 August 2026
-
-
-
Market Moves
-
-
Job swaps weekly: Northleaf hires new asset-based finance global head, Orrick expands US structured finance practice
People moves and key promotions in structured credit
This week’s roundup of structured credit job swaps sees MidCap Financial veteran joining Northleaf Capital Par...
21 August 2026
-
-
-
News Analysis
-
-
Northleaf raises US$450m for debut ABF fund
Strategy targets receivables across entertainment, legal, healthcare and factoring assets
Northleaf Capital Partners has held the final close of its first dedicated ABF fund, raising US$450m including commitmen...
21 August 2026
-
-
-
News Analysis
-
-
MetLife remains constructive as PineBridge CLO platform enters new phase
The US$400m Galaxy 37 CLO is PineBridge's 44th issuance and first since joining MetLife Investment M...
MetLife Investment Management (MIM) remains constructive on the outlook for the US CLO market over the next 12-18 months...
21 August 2026
-
-
-
News Analysis
-
-
Aperture's billion-dollar bet on ABF, a year on
Ten deals in the last six months push the firm into a new phase of deployment
When Aperture Investors unveiled its ABF strategy in August last year, it was a set US$1bn play designed to plug the gap...
20 August 2026
-
-
-
News Analysis
-
-
Hoist launches German NPL book sale
The secondary-market portfolio is a rare source of supply as Germany's primary NPL market remains qu...
Distressed investor and manager Hoist Finance has launched the sale of a German non-performing loan (NPL) book with a gr...
20 August 2026
-
-
-
News Analysis
-
-
CLOs: Q2 shows market resilience as pressures mount - SCI Analytics
Tightening arbitrage and loan market bifurcation weigh on the global CLO market but volumes remain s...
The global CLO market remained resilient in the second quarter, despite challenging arbitrage conditions, with US manage...
20 August 2026
-
-
-
News Analysis
-
-
ABF Deal Digest: Macquarie, Bank of Texas, and Landel among this week's lenders
A weekly roundup of private asset-backed financing activity
This week's roundup of ABF activity sees Macquarie back e-commerce lender Clearco with a US$100m facility, EXL close a n...
20 August 2026
-
-
-
News Analysis
-
-
SCI In Focus: Evergreen takes root in ABF fundraising
As the market evolves, managers are experimenting with structures designed to keep capital invested ...
Evergreen structures are gaining a foothold in asset-backed finance as managers experiment with new ways to attract capi...
19 August 2026
-
-
-
News Analysis
-
-
Active management overtakes arbitrage in evolving CLO equity playbook
Active portfolio management, credit selection and structural flexibility drive returns as arbitrage ...
CLO equity is becoming a test of manager execution rather than arbitrage, as ongoing loan repricing compresses entry-poi...
19 August 2026
-
-
-
SRT Market Update
-
-
Two Singaporean banks drive fresh SRT momentum
SRT market update
United Overseas Bank (UOB) is understood to be preparing an SRT for potential issuance in the second half of 2026, with...
19 August 2026
-
-
-
News Analysis
-
-
SCI In Focus: SRT back leverage grows as margin-call risk comes into focus
As SRT issuance volumes rise, PRA scrutiny of repo is driving more sophisticated financing structure...
Back leverage in the significant risk transfer market is becoming increasingly more common, as the growth in SRT issuanc...
18 August 2026
-
-
-
News Analysis
-
-
Demand for mezzanine paper surges as European ABS investors move down cap stack - SCI Analytics
Investors are favouring riskier, higher-yielding ABS tranches, with mezz books drawing stronger cove...
European ABS investors are increasingly moving down the capital stack, hungry for yield, with new-issue book coverage sh...
18 August 2026
-
-
-
Market Moves
-
-
Northleaf taps MidCap veteran as new ABF head
JD Gettmann joins the US$32bn manager after CJ Wei exited in April
Northleaf Capital Partners has tapped MidCap Financial veteran JD Gettmann as its new global head of asset-based spec...
18 August 2026
-
-
-
News Analysis
-
-
European CLO triple-Bs approach record tights
Strong demand continues to compress mezzanine spreads
European CLO triple-B spreads continue to edge towards record tights, with increasing demand from yield-hungry invest...
17 August 2026
-
-
-
SRT Market Update
-
-
Canadian issuer weighs project finance SRT
SRT market update
National Bank of Canada is continuing to assess investor appetite for a significant risk transfer transaction backed...
17 August 2026
-
-
-
News Analysis
-
-
Back to Debevoise: Zahra Sowder on fund finance's next chapter
Sowder talks NAV lending, the rise of insurance capital, and why the lines between fund finance prod...
Q: You spent more than 15 years at Debevoise before your stint at Fried Frank. What made now the right time to return? ...
17 August 2026
-
-
-
News Analysis
-
-
SCI webinar: B3E more half full than half empty
Re-proposed capital rules please more than dissatisfy
The recognition of pre-paid credit protection arrangements as valid risk mitigants without a derivative or guarantee is...
14 August 2026
-
-
-
News Analysis
-
-
SRT: Market broadens as new issuers and assets drive Q2 momentum - SCI Analytics
SCI's Q2 SRT report points to further market expansion, driven by new issuers, broader assets and re...
The European significant risk transfer market broadened further in the second quarter of 2026, with expanding issuer par...
14 August 2026
-
-
-
News
-
-
Morrow Bank launches NPL book sale following MedMera acquisition
Post-consolidation balance sheet clean-up drives bad loan disposal amid active Nordic NPL market
Nordic lender Morrow Bank is working on a large-scale non-performing loan (NPL) transaction as it looks to clean up its...
14 August 2026
-
-
-
Market Moves
-
-
Job swaps weekly: Lazard expands senior team, while Churchill launches capital solutions unit
People moves and key promotions in securitisation
This week's roundup of securitisation job swaps sees Churchill Asset Management launch a new capital solutions unit. Mea...
14 August 2026
-
-
-
News Analysis
-
-
Aluna eyes €250m for new ABF fund
European-focused strategy supported by ING, APEX, and Backer & McKinsey
Aluna Partners is kicking off fundraising for a €250m asset-based finance fund in September, SCI has learned. ...
14 August 2026
-
-
-
News Analysis
-
-
Ares, Octagon see European CLO issuance shifting as managers weigh new opportunities
Managers assess execution conditions across primary activity as issuance mix evolves
Ares Management and Octagon Credit Investors say execution in the European CLO primary market is becoming increasingly t...
14 August 2026
-
-
-
News Analysis
-
-
Edelweiss nears US$1bn for latest performing credit fund
Strategy targets structured credit solutions to mid-market companies in India
Edelweiss Asset Management is nearing US$1bn for its latest performing credit fund, SCI has learned. Edelweiss Special...
13 August 2026
-
-
-
News Analysis
-
-
ABF Deal Digest: Aperture expands litigation platform, while NVIDIA unveils new JVs
A weekly roundup of private asset-backed financing activity
This week’s roundup of ABF activity sees Aperture Investors expand its litigation finance platform. Meanwhile,...
13 August 2026
-
-
-
News Analysis
-
-
US and EU CLO BB BWIC: A tale of two markets
Poh-Heng Tan from CLO Research provides insights on latest US and EU CLO BB BWICs
Yesterday (12th August) saw a relatively long list of US and EU CLO BB bonds on BWIC according to SCI’s BWIC d...
13 August 2026
-
-
-
News Analysis
-
-
CLOs outpace banks in transmitting rate changes
Floating-rate structures enable faster pass-through of rate changes to borrowers and investors, rein...
CLOs can transmit monetary policy more efficiently than traditional bank lending due to their floating-rate str...
13 August 2026
-
-
-
News Analysis
-
-
US CRE CLO issuance rebounds as bridge lending and back leverage fuel growth
US CRE CLO issuance has surged in 2026 as stronger bridge lending demand, bank back leverage and imp...
US commercial real estate (CRE) CLO issuance has begun a sharp recovery in 2026, with stronger demand for bridge lending...
12 August 2026
-
-
-
News Analysis
-
-
Eden Rock hits €200m for debut ABF fund
Firm wins cornerstone investment from large US asset manager
Eden Rock Credit has hit €200m for its debut asset-backed finance fund, SCI has learned. Eden Rock Credit I,...
12 August 2026
-
-
-
News Analysis
-
-
French NPL market stirs as SocGen, BPCE, BNPP and Credit Mutuel bring books to market
Repeat sellers are returning with larger portfolios after years of sporadic activity, as ECB data po...
France's non-performing loan (NPL) market is seeing an unusual concentration of larger-ticket supply, with four banks br...
12 August 2026
-
-
-
News
-
-
J.P. Morgan merges private credit financing and CLO primary units in global structured credit push
The US bank is bringing the businesses together as it continues to invest in private credit and stru...
J.P. Morgan is combining its global private credit financing and CLO primary businesses into a new team called private c...
12 August 2026
-
-
-
News Analysis
-
-
Dechert sees CFO issuance hitting $30bn as insurers drive demand
Regulatory clarity and a broader investor base are accelerating growth, lawyers tell SCI, with sprea...
Collateralised fund obligation (CFO) issuance could reach US$30bn in 2026, with regulatory clarity and growing demand fr...
12 August 2026
-
-
-
Market Moves
-
-
SCI In Conversation Podcast: William Perraudin, Risk Control
We discuss the hottest topics in securitisation today...
In this episode of SCI In Conversation, Kenny Wastell speaks to Risk Control managing director, William Perraudin, about...
12 August 2026
-
-
-
SRT Market Update
-
-
Second Canadian SRT fund reaches first close
SRT market update
Polar Asset Management Partners has raised more than US$215m at the first close of its second dedicated SRT investment v...
11 August 2026
-
-
-
News
-
-
Rate hikes prompt deeper look at EU CLO fixed-rate exposure
Higher rates could stress certain deals' MVOC ratios, but risk appears limited
Renewed volatility in Euro rates could potentially put pressure on CLOs with higher exposure to fixed-rate bonds, resear...
11 August 2026
-
-
-
News Analysis
-
-
Felicitas closes US$10m delayed-draw NAV facility
Firm plans 20 new deals over the next six months as demand for capital-call liquidity grows
Felicitas Global Partners, a specialist NAV lender, has closed a US$10m senior secured delayed-draw facility for a small...
11 August 2026
-
-
-
News Analysis
-
-
SRT moves beyond its niche roots
SRT evolves rapidly as investor demand broadens and banks increasingly integrate transactions into l...
The significant risk transfer market is entering a more mature phase, with issuance reaching record levels, investor par...
11 August 2026
-
-
-
News Analysis
-
-
Latest SRTx fixings released
SRT market sentiment softens in July as spreads widen and credit, liquidity concerns increase
The latest SRTx fixings for July point to a modest deterioration in SRT market sentiment as the asset class entered the...
10 August 2026
-
-
-
News
-
-
Fasanara aims for steady expansion in European CLO market
The manager plans to issue two to three CLOs a year, prioritising long-term performance over rapid a...
Fasanara Capital is entering the European CLO market with a strategy centred on experienced credit investing, technology...
10 August 2026
-
-
-
News Analysis
-
-
Inside 17Capital's playbook
Partner David Wilson on scaling from US$100m to billion-dollar funds and why delayed exits are fueli...
Q: How long has 17Capital been focused on NAV financing? A: The firm was founded in 2008, so we're approaching 20 year...
10 August 2026
-
-
-
News Analysis
-
-
CLO reset economics thin but volumes hold firm
Shrinking liability savings and a jump in junior spread dispersion are reshaping the calculus behind...
Reset activity across European and US CLO markets continues apace this year even as the underlying economics have thi...
10 August 2026
-
-
-
News
-
-
Credit Immobilier de France launches jumbo mortgage book sale
The French lender is marketing a €1bn portfolio after an attempt to sell a roughly €400m...
Credit Immobilier de France has launched the sale of a €1bn portfolio of performing mortgages, SCI has learned....
7 August 2026
-
-
-
SRT Market Update
-
-
Wealth management assets enter European SRT market
SRT market update
BNP Paribas has completed its inaugural SRT transaction referencing a portfolio of Lombard loans, SCI has learned, broad...
7 August 2026
-
-
-
Market Moves
-
-
Job swaps weekly: Fried Frank and Sidley expand US fund finance practice
People moves and key promotions in securitisation
This week's roundup of securitisation job swaps sees Fried Frank and Sidley strengthening their fund finance teams in Ne...
7 August 2026
-
-
-
Market Moves
-
-
Fidelity begins search for alternative credit portfolio manager following Curtis exit
Alternative credit chief leaves to pursue other opportunities as Fidelity appoints an interim co-por...
Michael Curtis, head of alternative credit at Fidelity Investments, has left the firm after eight years. A spokesperso...
7 August 2026
-
-
-
News Analysis
-
-
ABF Deal Digest: Wayflyer, Fortress cut US$1.5bn forward flow
A weekly roundup of private asset-backed financing activity
This week’s roundup of ABF activity sees Wayflyer agree to a US$1.5bn forward-flow arrangement with Fortress I...
7 August 2026
-
-
-
Talking Point
-
-
SCI: 20 years on
Richard Robb, ceo of CRC, recalls how SCI has evolved alongside the structured credit market in the ...
Every thriving industry co-evolves alongside its lead publication. Wall Street has its Journal, advertising has AdAge, a...
6 August 2026 Free
-
-
-
News
-
-
Hodge Bank acquires Blue Motor Finance in pre-pack administration deal
Transaction secures continuity for Blue's lending and securitisation platform amid mounting compensa...
Hodge Bank has acquired the operating business of Blue Motor Finance through a pre-pack administration, in a deal that m...
6 August 2026
-
-
-
SRT Market Update
-
-
CEE bank completes CRE SRT first
SRT market update
mBank has completed a €1.1bn SRT transaction referencing a portfolio of Polish commercial real estate (CRE) loa...
6 August 2026
-
-
-
News
-
-
Edge Focus closes fifth ABS deal, eyes auto credit next
With its latest consumer ABS deal in hand, the firm looks to extend its underwriting engine into con...
Edge Focus has closed its fifth ABS securitisation, a US$100m pre-funded transaction backed by unsecured consumer loans....
6 August 2026
-
-
-
SRT Market Update
-
-
Singapore-based bank signals SRTs are here to stay
SRT market update
DBS has positioned its inaugural synthetic securitisation as more than a one-off capital transaction, embedding it withi...
6 August 2026
-
-
-
News
-
-
Victory Park, Privacore hits US$350m for debut interval fund
Investors include GEPT, CNO Financial Group and Corbin Capital
Janus Henderson and affiliates Victory Park Capital and Privacore Capital have hit US$350m for their debut priv...
5 August 2026
-
-
-
News Analysis
-
-
Europe's lending rebound fuels next wave of SRTs
Loan growth is rebuilding securitisation collateral, but EU banks are prioritising capital relief ov...
European loan growth is rebuilding the pool of assets available for securitisation, but the more immediate effe...
5 August 2026
-
-
-
News
-
-
On the horizon: Is back leverage entering a new phase?
Back leverage is evolving as investors and regulators reshape financing across the significant risk ...
Back leverage has become an increasingly important feature of the significant risk transfer market, helping investors fi...
5 August 2026
-
-
-
News
-
-
Sixth Street, Bayview acquire Castle Trust Bank
US investment firms take joint control from J.C. Flowers, eyeing growth in property finance
Castle Trust Bank has been acquired by vehicles backed by Sixth Street and affiliates of Bayview Asset Management, in a...
5 August 2026
-
-
-
News Analysis
-
-
Second earnings wave reinforces SRT platform shift
European and UK banks continued embedding SRTs into capital management, with recurring programmes re...
Deutsche Bank, ING and Raiffeisen Bank International used second-quarter results to underline the growing role of SRTs i...
5 August 2026
-
-
-
News Analysis
-
-
Brocc bags Norion Bank's Nordic bad loan book
Deal marks one of the largest primary NPL disposals in the region as niche banks accelerate balance ...
Cerberus-owned specialised debt manager Brocc Finance has bought a Nordic non-performing loan (NPL) portfolio with a gro...
4 August 2026
-
-
-
SRT Market Update
-
-
AI and infrastructure drive next wave of SRTs
SRT market update
Banks are continuing to broaden the range of assets referenced in SRT transactions, with infrastructure, CRE and AI-rela...
4 August 2026
-
-
-
Talking Point
-
-
Transformation and turbulence
Readers recall the key events over SCI's first 20 years
The first issue of Structured Credit Investor was published this week in 2006 and since then the publication has provide...
4 August 2026 Free
-
-
-
News Analysis
-
-
Shaking off SEC shackles
Data centre deals now free of compliance with ABS Exchange Act
Sponsors of data centre securirisations will enjoy less costly and smoother access to the capital markets as a result of...
4 August 2026
-
-
-
News Analysis
-
-
European CLO ETFs become mainstream as GPs race to capture demand
Asset managers say improving investor awareness and active management are fuelling growth
CLO ETFs are becoming an increasingly mainstream fixed income allocation as investor understanding of the asset...
4 August 2026
-
-
-
News Analysis
-
-
Junior risk-off spreads across European securitisation market
SCIx fixings show double-B widening turns universal in June, as senior spreads diverge by sector
The latest SCI Composite Index (SCIx) fixings show broad-based widening across the stack, a reversal from last month&...
4 August 2026
-
-
-
News Analysis
-
-
Trust, but verify: FirstSun's investigation over suspected collateral fraud
The US bank is accusing a materials distributor of receivables fraud
FirstSun Capital has recorded a US$22m loss on an asset-based loan to a materials distributor, after engaging G...
4 August 2026
-
-
-
News
-
-
Institutional appetite for CMBS remains strong, despite refinancing headwinds
Relative value opportunities emerging across the capital structure
Institutional investor demand for CMBS is expected to remain strong over the next 12-18 months, despite ongoing...
3 August 2026
-
-
-
News Analysis
-
-
NAV loans in the spotlight
Latest KBRA research shows record issuance masking a widening split between resilient secondaries de...
Issuance of NAV loans hit a record last year, as private equity managers leaned further on the financing tool to bridge...
3 August 2026
-
-
-
News Analysis
-
-
SCI In Focus: Banks widen SRT reference pools to private credit financing
MUFG's latest transaction highlights banks' growing use of SRTs on financing provided to private cre...
Corporate loans continue to dominate significant risk transfer (SRT) transactions, but banks are increasingly referencin...
3 August 2026
-
-
-
SRT Market Update
-
-
Potential SRT deal could broaden Bulgaria's issuer base
SRT market update
A Bulgarian bank is exploring an entry into the significant risk transfer market through a transaction potentially suppo...
3 August 2026
-
-
-
News
-
-
Risk Control launches MDB securitisation consultation
Research aims to identify obstacles to MDB securitisation as new asset class gains traction
Risk Control is aiming to identify obstacles to multilateral development bank (MDB) securitisations through a market con...
31 July 2026 Free
-
-
-
Market Moves
-
-
Job swaps weekly: Blackstone appoints successor to Leonard
People moves and key promotions in securitisation
This week’s roundup of securitisation job swaps sees Blackstone appointing a successor to outgoing European he...
31 July 2026
-
-
-
News
-
-
Federated Hermes acquires LP stake in Penny Blue fund
Investment follows recent launch of the firm as a separation from ESR Europe
Federated Hermes has purchased an LP stake in the flagship European real estate debt fund of Penny Blue Capital. Feder...
31 July 2026
-
-
-
News Analysis
-
-
SRT comes of age
Beyond record activity, July revealed a broader, deeper and increasingly institutional global SRT ma...
July showed an SRT market increasingly defined by institutionalisation rather than issuance alone. Europe's largest bank...
31 July 2026
-
-
-
Talking Point
-
-
The independent director myth: structured finance's most convenient governance fiction
Peterson Frederick, chairman and interim ceo of Northern Providence Investments, argues that SPV ind...
The ‘independent’ director on an SPV’s board is picked, paid and can be replaced by the ve...
30 July 2026
-
-
-
News Analysis
-
-
ABF Deal Digest: Aperture Investors cuts US$300m facility with Avant
A weekly roundup of private asset-backed financing activity
This week’s roundup of ABF activity sees Aperture Investors close a US$300m facility with Avant. Meanwhile, Le...
30 July 2026
-
-
-
News Analysis
-
-
Reckoner Art Finance eyes family offices as lending opportunities widen
New Reckoner unit absorbs former Athena Art Finance book, targets Asian market
Reckoner Art Finance, the newly built art lending arm of Reckoner Capital Management, is targeting family offices and As...
30 July 2026
-
-
-
News Analysis
-
-
SCI In Conversation Podcast: Kate Galustian, BlackRock
We discuss the hottest topics in securitisation today...
In this episode of SCI In Conversation, SCI senior reporter Camilla Vitanza sits down with BlackRock's head of ABS, Kate...
29 July 2026
-
-
-
News Analysis
-
-
Rated note feeders reshape the insurance-private credit pipeline
Trenching and sophistication of the industry fuel growth prospects
Rated note feeders are becoming a mainstream tool for insurers and other institutional investors in fund finance, accord...
29 July 2026
-
-
-
News Analysis
-
-
Aircraft delivery delays drive innovation in Carlyle's latest ABS
Fitch says AASET 2026-1 demonstrates how issuers are adapting financing structures to today's supply...
Carlyle Aviation Partners' $717.4 mn AASET 2026-1 transaction highlights how aircraft ABS issuers are adapting financing...
29 July 2026
-
-
-
News
-
-
Recovery bonds surging
SoCal Ed settles, deals for West Virginia and Virginia loom
The US$1.95bn recovery bond from SoCal Edison settled today (July 28), after pricing seven days ago, and a sizeable US$2...
28 July 2026
-
-
-
News
-
-
New issuers, specialty portfolios reshape SRT market
Specialty loan portfolios emerge as next frontier for SRT as new issuers drive market growth
The next phase of growth in the SRT market is being driven by new issuers entering the market and existing issuers expan...
28 July 2026
-
-
-
News Analysis
-
-
H1 EU and UK bank results point to sustained SRT issuance
Major European and UK banks reinforce commitment to SRTs as H1 results highlight expanding capital m...
Europe's largest banks used their half-year 2026 earnings to reinforce the growing strategic importance of synthetic ris...
28 July 2026
-
-
-
News
-
-
First US CLO note default since GFC reflects optional liquidations, not market stress, says Fitch
Agency says affirmations will dominate rating actions in 2026 despite first Fitch-rated US CLO note ...
Fitch Ratings has played down the significance of the first default of a Fitch-rated US CLO note since the Global Financ...
28 July 2026
-
-
-
SRT Market Update
-
-
French lender targets data centre SRT amid AI infrastructure boom
SRT market update
BNP Paribas is exploring an SRT referencing data centre-related loans, SCI has learned, in a sign that artificial intell...
27 July 2026
-
-
-
Market Moves
-
-
Blackstone reshuffles European credit leadership after Leonard departure
SCI understands Cunningham has succeeded Alex Leonard, who recently departed the firm after more tha...
Blackstone has made some changes to its European credit leadership team with David Cunningham appointed as head...
27 July 2026
-
-
-
News Analysis
-
-
SCI In Focus: The biggest myth in SRT? That there's no secondary market
Once largely invisible, the SRT secondary market is quietly emerging as a meaningful feature of capi...
Growing issuance, broader syndication and a wider range of underlying assets are laying the foundations for a more activ...
27 July 2026
-
-
-
News
-
-
Delphinus deal reflects homogeneous owner-occupied Dutch RMBS market, Fitch says
Fitch says the deal reflects the increasingly standardised nature of the Dutch owner-occupied RMBS m...
Rabobank and a.s.r.'s Delphinus 2026-I RMBS, backed by mortgages from the former Aegon business, illustrates the standar...
27 July 2026
-
-
-
News
-
-
SCI in Focus: CLOs' role in Standard Life's structured credit build-out
Standard Life is using CLO structures to deploy shareholder and policyholder capital across its cred...
When Solvency II's highly predictable cash flow (HP) reform reshaped the rules for insurers' matching adjustment portfol...
24 July 2026
-
-
-
News Analysis
-
-
Apollo's AMAPS pipeline grows, but transparency questions linger
Fifth deal in the AMAPS series marks push towards third party investors
The pipeline for Apollo’s latest innovation in the structured credit world continues to grow, while market par...
24 July 2026
-
-
-
Market Moves
-
-
Job swaps weekly: Barings, HSBC and MUFG make key hires
People moves and key promotions in securitisation
This week's roundup of people moves sees Barings complete the integration of Gryphon Capital Investments with the appoin...
24 July 2026
-
-
-
SRT Market Update
-
-
Canadians back in action
Algonquin and Mackenzie deals hit the tape
The approaching end of the Canadian fiscal year Q3 (July 31) has lured Bank of Montreal (BMO) and Canadian Imperial Bank...
24 July 2026
-
-
-
News Analysis
-
-
SCI In Focus: Manager tiering comes into focus
CLO returns increasingly dependent on manager behaviour and alpha-generating decisions
Issuers and investors alike agree that manager tiering is playing an increasingly central role in...
23 July 2026
-
-
-
News Analysis
-
-
Banks reshape the narrative in Q2 securitisation hires - SCI Analytics
Latest SCI Analytics Quarterly Job Swaps Report shows ABF dominating 60% of structured finance hires...
ABF continued its winning streak in 2Q2026, dominating 60% of all hires at mid-, senior- and C-suite-level, according to...
23 July 2026
-
-
-
News Analysis
-
-
Africa's chance to rethink SRTs
Africa's nascent synthetic securitisation market offers a chance to address transparency challenges ...
As regulators scrutinise the rapid expansion of the global SRT market, Africa's fledgling synthetic securitisat...
23 July 2026
-
-
-
News
-
-
ABF Deal Digest: Octane re-ups AB CarVal forward flow
A weekly roundup of private asset-backed financing activity
This week’s roundup of ABF activity sees Octane execute a US$750m forward flow agreement with funds managed by...
23 July 2026
-
-
-
SRT Market Update
-
-
UK lender explores inaugural unfunded mortgage SRT
SRT market update
NatWest is preparing what could become the country's first unfunded mortgage SRT, as institutions increasingly explore i...
23 July 2026
-
-
-
SRT Market Update
-
-
Polish lender completes another corporate loan SRT
SRT market update
PKO Bank Polski has executed its second synthetic securitisation referencing a PLN8.5bn (approximately €2bn) po...
23 July 2026
-
-
-
News Analysis
-
-
SCI in Focus: Regionals eye SRT and CRE relief
Block on synthetic risk mitigants holding back the US market
The inability to receive commercial real estate (CRE) concentration risk relief from SRT deals is the biggest single fac...
22 July 2026
-
-
-
News Analysis
-
-
SCI In Conversation Podcast: Barend van Drooge, PGGM
We discuss the hottest topics in securitisation today...
In this episode of the SCI In Conversation podcast, we speak with Barend van Drooge, head of credit risk sharing at PGGM...
22 July 2026
-
-
-
News
-
-
BNPL's rapid European growth sparks fresh ABS opportunity
KKR's PayPal-backed deal and Klarna's German financing facility mark early steps towards a European ...
Europe's buy-now-pay-later sector is expanding at pace, laying groundwork for a new securitisation asset class. KKR last...
22 July 2026
-
-
-
Market Moves
-
-
Aegon AM makes leadership transition in EU CLO business as veteran retires
Long-serving industry veteran will leave the firm on 1 August after helping pioneer Europe's leverag...
CLO industry veteran Herman Guelovani is retiring and will be leaving Aegon Asset Management, where he is currently head...
21 July 2026
-
-
-
News Analysis
-
-
CLO liquidity brings passive style investing closer to reality
Growing ETF demand and record CLO trading volumes are laying the groundwork for passive investment s...
Passive style investment strategies are moving closer to becoming practical in the CLO market as secondary liqu...
21 July 2026
-
-
-
News Analysis
-
-
EU index volatility greater in RMBS than CLO despite tighter spreads - SCI Analytics
SCIx analysis highlights a more volatile RMBS market, with CLO spreads remaining wider but showing m...
European RMBS spread index values recorded substantially greater month-to-month volatility than equivalent rati...
21 July 2026
-
-
-
Talking Point
-
-
Sophistication and size: Inside fund finance boom
Julia Keppe, lawyer at Walkers Jersey, on the evolution of fund finance, where NAV activity is headi...
Q: You've practised in London, New York, and now Jersey since 2006. What's the biggest shift you've seen in how fund fin...
21 July 2026
-
-
-
SRT Market Update
-
-
Austrian lender turns to credit card SRT as unsecured lending expands
SRT market update
BAWAG Group has revealed that a credit card SRT executed during the second quarter formed part of the capital optimisati...
21 July 2026
-
-
-
News Analysis
-
-
SCI in Focus: Back leverage evolves to more broker-led
Speaking with SCI, three practitioners agree that the borrower dynamic hasn't reversed, but whether ...
Back leverage has spent the past two years as one of private credit's more borrower-friendly corners. Advance rates rose...
20 July 2026
-
-
-
News
-
-
BoE backs SRT, warns on complexity
The Bank of England reaffirmed support for SRT while signalling tougher scrutiny of increasingly com...
The Bank of England (BoE) has reaffirmed its support for SRT transactions as a tool for banks to manage credit risk and...
20 July 2026
-
-
-
News
-
-
UK life insurers turn to structured finance as long-duration asset shortage intensifies
Scottish Widows says insurers are expanding into lifetime mortgages, agricultural securitisations an...
Scottish Widows says it is aiming to push the boundaries of structured finance, as UK life insurers hunt for long-durati...
20 July 2026
-
-
-
News Analysis
-
-
European CLOs increasingly defer junior OC tests
Structural concessions in a strong primary market are reducing protection for junior noteholders
A growing number of new issue European CLOs over the past 12-18 months have excluded or modified single-B overcollateral...
20 July 2026
-
-
-
SRT Market Update
-
-
Japanese lender executes Latin America and European SRTs
SRT market update
Sumitomo Mitsui Banking Corporation (SMBC) has completed two SRT transactions in recent months, SCI has learned, highlig...
17 July 2026
-
-
-
Market Moves
-
-
Job swaps weekly: Private credit firm Vertis hires capital formation lead, Blackstone expands in London
People moves and key promotions in structured credit
This week’s roundup of structured credit job swaps sees Vertis hiring a head of capital formation, Wilmington...
17 July 2026
-
-
-
SRT Market Update
-
-
Digital bank completes second SRT with repeat investor
SRT market update
Klarna has completed a US$518m SRT transaction, freeing up capital to support approximately US$12bn of additional lendin...
16 July 2026
-
-
-
News Analysis
-
-
Bain default opens door to wider European single-B stress
Investors grow more selective as more deals show signs of stress
The European CLO market's first single-B write-down may not be its last, according to market participants, who highlight...
16 July 2026
-
-
-
News Analysis
-
-
ABF Deal Digest: Grove opens US$500m warehouse, while Northbase closes RCF
A weekly roundup of private asset-backed financing activity
This week’s roundup of private ABF activity sees Grove open a US$500m warehouse lending facility. Meanwhile, A...
16 July 2026
-
-
-
News Analysis
-
-
Investors weigh in as manager battle of CLO fund heads to shareholder vote
Shareholders divided over fees, performance and governance ahead of upcoming vote
Rockford Tower Asset Management could replace Octagon Credit Investors as investment sub-adviser to XAI Floating Rate &a...
16 July 2026
-
-
-
News Analysis
-
-
OSFI buffer cut strengthens Canadian SRT case
OSFI's buffer cut may reinforce Canada's SRT case as capital efficiency becomes increasingly importa...
OSFI's decision to lower the Domestic Stability Buffer (DSB) is unlikely to weaken the case for significant risk transfe...
16 July 2026
-
-
-
News Analysis
-
-
Smaller triple-C buckets belie increased risk in EU CLOs
As older deals struggle to reset, shrinking triple-C buckets can mask a weaker pool of names left be...
Declining equity NAV among aging European CLOs are making resets increasingly difficult, with those that are able to ext...
15 July 2026
-
-
-
News Analysis
-
-
Avellinia CTO set to depart
Eric Lepage exits after three years with the European ABF manager
Avellinia Capital’s chief technology officer is set to depart the firm after three years, SCI has learned. L...
15 July 2026
-
-
-
News
-
-
On the horizon: Is the SRT secondary market approaching a turning point?
How a growing stock of seasoned SRT transactions could lay the foundations for a deeper secondary ma...
The significant risk transfer market has grown rapidly over the past decade, but one feature has remained largely underd...
15 July 2026
-
-
-
News
-
-
Awards shortlist announced
Nominees for excellence in global SRT revealed
The shortlist of nominees for SCI's 2026 Risk Sharing Awards has been revealed, with the winners in all 15 categories to...
14 July 2026 Free
-
-
-
News Analysis
-
-
SRT and concentration risk
Comments plead for revision of 2006 rule to give market boost
Several Basel Three Endgame (B3E) comment letters, submitted last month, urge regulators to revise the 2006 rules on com...
14 July 2026
-
-
-
SRT Market Update
-
-
Mexico debut marks first non-euro SRT for banking group
SRT market update
BBVA Mexico has completed its inaugural synthetic securitisation, SCI has learned, marking the first transaction of its...
14 July 2026
-
-
-
News Analysis
-
-
US risk transfer: B3E and beyond - video
Guy Carpenter's Shemi talks to SCI about B3E impacts on US risk transfer market, remaining regulator...
Michael Shemi, North America structured credit leader at Guy Carpenter, talks to SCI US editor Simon Boughey about th...
14 July 2026
-
-
-
Talking Point
-
-
Valuations are becoming private credit's operating test
Kanav Kalia, md at Oxane Partners, argues that firms best positioned for the next phase of private c...
Private credit is entering a new phase, and valuations are where that change is becoming impossible to ignore. For years...
14 July 2026
-
-
-
News
-
-
Aegon AM deepens Lakemore partnership to support US CLO issuance as demand shifts to senior debt
Expanded alliance gives Aegon AM committed CLO equity capital to support a steadier issuance pipelin...
Aegon Asset Management has expanded its partnership with Lakemore Partners, with the alternative investment firm committ...
14 July 2026
-
-
-
News Analysis
-
-
SCI In Focus: Second trilogue puts UFCP to the test
Second trilogue shifts securitisation negotiations from positioning to bargaining as UFCP debate tur...
The second political trilogue on the EU's securitisation reform package has shifted negotiations from procedural positio...
14 July 2026
-
-
-
News Analysis
-
-
SCI analysis reveals risk differences among triple-A CLO ETFs
SCI analysis finds portfolio construction, rather than headline ratings, is increasingly driving per...
CLO exchange-traded funds (ETF's) with the same headline rating are showing materially different risk profiles, with por...
13 July 2026
-
-
-
News
-
-
EU CLO secondary market resilient amid heavy supply
Market participants say strong technical demand continues to support secondary spreads despite a cro...
European securitisation markets continue to benefit from strong investor demand despite a heavy pipeline of new issuance...
13 July 2026
-
-
-
Market Moves
-
-
Job swaps weekly: Alvarez & Marsal raid KPMG talent, Man Group shake-up
People moves and key promotions in structured credit
There have been some significant shifts in personnel across structured finance this week, but leading the pack...
10 July 2026
-
-
-
News
-
-
Top-tier EU CLO managers lead tighter single-B BWIC prints
Poh-Heng Tan from CLO Research provides insights on EU CLO single-B BWIC colour
This week saw 22 line items of longer-dated EU CLO single-B bonds, totalling EUR 66.8 million, trade with released cover...
10 July 2026
-
-
-
News
-
-
Latest SRTx fixings released
SRT market enters second half of year on firmer footing, with June reinforcing improving sentiment
The latest SRTx fixings for June paint a picture of an SRT market entering the second half of the year on a firmer footi...
10 July 2026
-
-
-
Talking Point
-
-
SCI in Focus: How Angle Auto Finance puts Australian auto ABS on the global map
Regular issuance, prime auto collateral and a diversified international investor base have made Pano...
Angle Auto Finance has built its global ABS profile over the last five years through its Panorama Auto Trust programme,...
10 July 2026
-
-
-
SRT Market Update
-
-
Market details emerge on Spanish consumer loan SRT backed by public guarantee
SRT market update
The European Investment Fund (EIF), part of the European Investment Bank Group (EIB Group), has confirmed that the &...
9 July 2026
-
-
-
SRT Market Update
-
-
Repeat SRT issuer completes record project finance synthetic securitisation
SRT market update
BBVA has completed its largest synthetic securitisation backed by a project finance portfolio to date, transferring cred...
9 July 2026
-
-
-
News
-
-
International ABS supply starts second half of year sturdily as mezz demand holds
Record first-half issuance gives way to a healthy summer pipeline, although demand is becoming incre...
European and Australian ABS issuance has carried first-half momentum into July, with new supply continuing to clear desp...
9 July 2026
-
-
-
News Analysis
-
-
Behind the rebound: private credit returns are not 'jumping off the pages'
Interval fund returns cool as fee scrutiny builds, but ABF holds its ground
Alternative credit indices bounced back in the second quarter of 2026, retracing the spread widening that hit markets ea...
9 July 2026
-
-
-
News Analysis
-
-
ABF Deal Digest: Shawbrook cuts £11m services facility, while Neuberger launches aviation JV
A weekly roundup of private asset-backed financing activity
This week’s roundup of private ABF activity sees Hope Capital Property Finance upsize a senior funding line fa...
9 July 2026
-
-
-
News
-
-
BBB sees hybrid ENABLE model as bridge to mature UK SRT market
The British Business Bank sees hybrid guarantees as a bridge towards a mature UK challenger bank SRT...
The British Business Bank (BBB) expects its hybrid ENABLE Guarantee structure to help develop a broader UK mark...
9 July 2026
-
-
-
News Analysis
-
-
Isolated single-B losses emerge in European CLOs
First class F write-down tests European CLO market as second deal follows suit
Two European CLOs have run into trouble with their junior-most debt tranches as class F noteholders are set to take a ha...
9 July 2026
-
-
-
SRT Market Update
-
-
US regional teams up with 400CM
OceanFirst debuts in SRT with home loan deal
OceanFirst, a US$23bn New Jersey-based lender, has completed a debut capital relief trade referencing a US$1.5bn portfol...
8 July 2026
-
-
-
Market Moves
-
-
Man Group's CLO operations head departs
Departure follows a series of changes across the firm's European CLO investment team since 2023
Man Group’s head of CLO operations, Niels van den Ouweland has stepped down after 19 years in the role, SCI ha...
8 July 2026
-
-
-
News Analysis
-
-
Paul Hastings taps Reed Smith fund finance veteran
Leon Stephenson is set to join in London as the firm expands its ABF capabilities
Paul Hastings has tapped Reed Smith fund finance veteran Leon Stephenson as it looks to expand its fund finance capabili...
7 July 2026
-
-
-
News
-
-
KPMG loses balance sheet optimisation leader to Alvarez & Marsal
Alvarez & Marsal has bolstered its financial services practice with two senior recruits from KPM...
Alec Innes, the former KPMG UK partner specialising in balance sheet optimisation and restructuring, is set to join Alva...
7 July 2026
-
-
-
News Analysis
-
-
SCI In Conversation Podcast: Jair Martinez, Finacity
We discuss the hottest topics in securitisation today...
In this episode of SCI In Conversation, ABF Lead Reporter Marina Torres speaks with Finacity cco Jair Martinez to discus...
7 July 2026
-
-
-
News
-
-
Luxembourg securitisation reforms strengthen CLO and ABS appeal, says A&O Shearman
Draft legislation aims to remove structural constraints, making Luxembourg a more attractive domicil...
Luxembourg is taking another step to strengthen its position as a leading European securitisation hub, with proposed leg...
7 July 2026
-
-
-
SRT Market Update
-
-
Canadian asset manager expands risk transfer ambitions with multi-strategy platform
SRT Market update
RBC BlueBay is building a multi-strategy risk transfer platform designed to provide institutional investors with systema...
7 July 2026
-
-
-
News Analysis
-
-
Fund finance takes centre stage
How LP pressure, hybrid structures and a crowded lending market are redrawing the space
Fund managers are rebuilding their financing books around asset-backed facilities, and the pressure is coming from their...
6 July 2026
-
-
-
News
-
-
Senior securitisation industry figure to leave KPMG
Firm is yet to confirm succession plan for outgoing industry veteran
Alec Innes, a partner in KPMG UK's financial services consulting practice focused on balance sheet optimisation and rest...
6 July 2026
-
-
-
SRT Market Update
-
-
Market sources reinforce speculation over landmark UK unfunded RMBS SRT
SRT market update
NatWest appears set to move ahead with what would be one of the UK's first unfunded SRT transactions backed by residenti...
6 July 2026
-
-
-
News
-
-
Resi eyes regular RMBS issuance following debut $A500m transaction
CEO Campbell Smyth says the lender expects to access the public RMBS market at least twice a year fo...
Resi plans to become a regular issuer in the Australian RMBS market after completing its inaugural public transaction la...
6 July 2026
-
-
-
Market Moves
-
-
Job swaps weekly: Citi hires trading head, while Hogan Lovells Cadwalader adds global head of SRT
People moves and key promotions in structured credit
This week's roundup of structured credit job swaps is led by the newly combined Hogan Lovells Cadwalader naming New York...
3 July 2026
-
-
-
News Analysis
-
-
Asian SRT market held back by pricing mismatch, not just regulation
A pricing gap between banks and investors may be holding back Asian SRT growth more than fragmented ...
The SRT market in South and Southeast Asia (SSEA) is often viewed through a regulatory lens. But according to S&...
3 July 2026
-
-
-
News
-
-
KBRA sees EU middle-market CLO market broadening as issuance and multicurrency structures grow
Golub's debut European middle-market CLO underscores growing momentum in the asset class, with furth...
The European middle-market CLO sector is set to continue expanding as established private credit managers bring more tra...
3 July 2026
-
-
-
SRT Market Update
-
-
Italian auto finance lender completes its public STS SRT auto ABS
SRT market update
Stellantis Financial Services Italia has priced a €1.2bn public auto ABS transaction structured to achieve SRT,...
3 July 2026
-
-
-
News Analysis
-
-
Muzinich launches fifth aviation lending platform
London-based firm utilising a warehouse facility for the first time
Muzinich is preparing to launch its fifth aviation lending platform, MAF Investments V. The platform will inves...
2 July 2026
-
-
-
News
-
-
NAIC vote pulls private credit CLOs into new risk-based capital regime
NAIC IRE working group votes to adopt the new ratings-based RBC proposal
The National Association of Insurance Commissioners’ (NAIC) has voted to adopt new risk-based capital (RBC) fa...
2 July 2026
-
-
-
SRT Market Update
-
-
Defence marks a new chapter for true sale SRTs
SRT market update
Banco Sabadell's recent defence-linked securitisation demonstrates that true sale structures can become an increasingly...
2 July 2026
-
-
-
News Analysis
-
-
ABF Deal Digest: Bci closes US$65m NAV facility, while Blacktree launches SBA platform
A weekly roundup of private asset-backed financing activity
This week’s roundup of private ABF activity sees BciCapital close a US$65m NAV facility for a global real asse...
2 July 2026
-
-
-
SRT Market Update
-
-
French bank adds inaugural CRE deal to multi-transaction SRT programme
SRT market update
BNP Paribas has completed four SRT transactions referencing almost €10bn of assets, expanding its capital relie...
2 July 2026
-
-
-
News Analysis
-
-
European CLO triple-B spreads tighten to pre-war levels as demand squeezes value
Investors say heavy buying has made new-issue triple-B paper increasingly expensive, with seasoned s...
European CLO investors are facing an increasingly difficult challenge finding value in triple-B tranches, with spread co...
1 July 2026
-
-
-
News
-
-
European securitisation seniors tighten
SCIx benchmarks show narrowing at the top of the stack in most sectors
Today’s monthly figures from SCI’s family of indices covering the European ABS, CLO and RMBS markets...
1 July 2026
-
-
-
News Analysis
-
-
Keystone says resilient investor demand bodes well for UK BTL RMBS
Broad demand from banks and asset managers tightens pricing across the capital structure, while ware...
Strong investor demand for Keystone Property Finance's latest buy-to-let RMBS demonstrates continued confidence in the U...
1 July 2026
-
-
-
News
-
-
BciCapital cuts US$65m NAV facility for real assets manager
Lender sees growing appetite for NAV as valuations in traditional private credit come under pressure
BciCapital has closed a US$65m NAV facility for a global real assets-focused investment manager that is partially owned...
1 July 2026
-
-
-
News Analysis
-
-
SCI In Focus: Cash SRT finds its niche in revolving consumer credit
The debate is shifting from cash versus synthetic SRT to which structure best suits each asset class
For years, synthetic structures have dominated the significant risk transfer market, becoming the default tool for mortg...
1 July 2026
-
-
-
News Analysis
-
-
Capital rules redraw the SRT map
Regulation, repeat issuance and new markets defined June
June marked an important turning point for the SRT market. Regulatory reform continued to reshape the capital landscape,...
30 June 2026
-
-
-
News Analysis
-
-
EU CLO market unlikely to see major structural shift despite UK securitisation reforms, says Dechert
UK reforms offer incremental benefits, but dual compliance keeps the European CLO market largely unc...
The European CLO market is unlikely to experience significant changes in execution practices or regulatory compliance de...
30 June 2026
-
-
-
SRT Market Update
-
-
Singapore's largest bank launches first SRT
SRT market update
DBS has completed its inaugural SRT transaction, executing a US$1bn synthetic securitisation referencing a diversified p...
30 June 2026
-
-
-
SRT Market Update
-
-
Italian lender completes SRT deal after delaying mezz sale for calmer markets
SRT market update
Last week, Mediobanca completed the placement of the mezzanine notes from its Quarzo 2026 SRT securitisation after waiti...
29 June 2026
-
-
-
SRT Market Update
-
-
European bank points to low-cost capital benefits after second SRT deal
SRT market update
KBC Group describes SRT transactions as an effective means of releasing capital at a cost "way below the cost of equity"...
29 June 2026
-
-
-
News
-
-
Magellan eyes US$250m for new evergreen ABF fund
Dubai-based firm looking to cut US$50m in deals by the end of September
Magellan Capital has launched a new evergreen ABF fund and is aiming to close US$50m in deals by Q3, SCI has learned. ...
29 June 2026
-
-
-
News Analysis
-
-
SCI In Focus: B3E comments address eligible guarantor lacuna
Ball bounced into agencies' court
A common plea in the letters from trade associations, lobby groups and individual firms, which piled up thick and fast a...
29 June 2026
-
-
-
News
-
-
Former ESR CRE debt co-heads launch new ABF venture
Paul House and Beatrice Dupont launch Penny Blue Capital in London
ESR Europe’s former co-heads of commercial real estate debt are launching a new asset-backed finance venture,...
26 June 2026
-
-
-
News Analysis
-
-
Broader US auto CLN market brings greater pricing differentiation
Expanding issuer participation highlights investors' increasing focus on sponsor quality and tranche...
US auto credit-linked note issuance has broadened meaningfully since the segment first emerged in 2020-2021, when it con...
26 June 2026
-
-
-
News Analysis
-
-
SCI In Conversation Podcast: Derek Dubois, Deerpath Capital
We discuss the hottest topics in securitisation today...
In this episode of SCI In Conversation, Derek Dubois, md and treasurer of Deerpath Capital, joins SCI US editor Simon Bo...
26 June 2026
-
-
-
News Analysis
-
-
The risks of paying a premium and the rewards of buying at a discount
Poh-Heng Tan from CLO Research analyses the realised IRRs of rated EU CLO bonds placed on BWIC over ...
Purchase price has a significant influence on realised IRRs when EU CLO bonds are called at par. While opportunities to...
26 June 2026
-
-
-
News Analysis
-
-
PGIM bets on US$40bn land banking opportunity
Partnered with Domain RE to capitalise on the undersupply of US housing
PGIM is betting on opportunities in one of asset-backed finance’s newest market evolutions, land banking. Th...
26 June 2026
-
-
-
SRT Market Update
-
-
Belgian bank closes follow-up corporate loan SRT
SRT market update
KBC Group has completed its second significant risk transfer SRT transaction, using a CLN structure to transfer the firs...
26 June 2026
-
-
-
Market Moves
-
-
Job swaps weekly: Aon and Carlyle make key hires
People moves and key promotions in structured credit
This week's roundup of structured credit job swaps is led by The Carlyle Group's appointment of James Dunn to head Europ...
26 June 2026
-
-
-
News Analysis
-
-
ABF Deal Digest: Ex-Blackstone pro launches ABF fund, while SixCap cuts US$3m RCF
A weekly roundup of private asset-backed financing activity
This week’s roundup of private ABF activity sees former Blackstone exec Vlado Spasov launch an evergreen ABF f...
25 June 2026
-
-
-
SRT Market Update
-
-
True sale SRT marks first defence-focused securitisation in Europe
SRT market update
Banco Sabadell has completed a €362.5m true sale significant risk transfer securitisation with the European Inv...
25 June 2026
-
-
-
News Analysis
-
-
Sona AM sees opportunity in EU CLO equity as volatility creates 'compelling entry point'
Credit expertise and NAV protection are becoming increasingly important as leveraged loan markets en...
European CLO equity could be approaching a compelling entry point despite ongoing concerns about higher credit losses an...
24 June 2026
-
-
-
SRT Market Update
-
-
Spanish lender completes first 2026 SRT
SRT market update
Sabadell has completed its first SRT transaction of 2026, transferring risk on a €1.2bn portfolio of SME and co...
24 June 2026
-
-
-
SRT Market Update
-
-
EU funds explore platform structures to scale SRT back leverage
SRT market update
Alternative asset managers are exploring platform-style structures that could transform back leverage from a bespoke fin...
23 June 2026
-
-
-
News
-
-
Trimontium launches evergreen fund with US$1.5bn AUM
Former Blackstone pro, Vlado Spasov, is targeting a US$10trn financing gap
Ex-Blackstone executive Vlado Spasov has launched a new capital solutions shop, which has already raised US$1.5bn in AUM...
23 June 2026
-
-
-
News
-
-
CLO manager consolidation set to accelerate, says Clearlake
Following its acquisition of LCM's CLO business, Clearlake says scale and access to equity capital w...
The global CLO market could be ripe for widespread consolidation, according to private investment firm Clearlake Credit,...
23 June 2026
-
-
-
News Analysis
-
-
Washington debates capital rules as banks double down on CRT
US banks are lobbying for lower capital requirements, but CRT markets could be among the biggest ben...
US banks are pressing regulators for lower capital requirements across trading, derivatives and counterparty ex...
23 June 2026
-
-
-
News Analysis
-
-
US consumer credit faces scrutiny as investors weigh forward flow risks
Overcrowded market drives investors to reassess valuations and explore European alternatives
As demand for forward flow agreements in the US consumer lending market continues to grow, some asset managers are raisi...
22 June 2026
-
-
-
News
-
-
On the horizon: Does cash SRT's growth indicate next phase of risk transfer?
Cash SRT is evolving fast. We're exploring where it's headed – and we'd like your views
Synthetic structures still dominate the significant risk transfer market, but cash SRT is increasingly moving from the s...
22 June 2026
-
-
-
News Analysis
-
-
Saudi Arabia proposes risk-retention rules in 'major' boost for securitisation market
Market participants welcome the move toward global best practices but caution that additional compli...
Saudi Arabia’s proposal to introduce mandatory risk-retention requirements for securitisation transactions cou...
22 June 2026
-
-
-
News Analysis
-
-
The NAV opportunity in a distribution drought
Strategies evolve as a structural shift forms in private markets investing
For much of the last decade, the investment cycle between GPs and their investors has had a predictable run: capital goi...
22 June 2026
-
-
-
News Analysis
-
-
MVOC emerges as key driver of EU CLO single-B pricing
Poh-Heng Tan from CLO Research provides insights into benchmarking EU CLO single-Bs across MVOC coho...
The technically strong loan market, with around half or more loans trading above par, has resulted in a relatively activ...
22 June 2026
-
-
-
News
-
-
Issuer demand drives Reckoner Capital's push into risk retention financing
Asset manager launches dedicated platform as securitisation issuers seek alternatives to traditional...
Reckoner Capital Management sees growing demand from securitisation issuers for financing partners that can offer both c...
22 June 2026
-
-
-
News
-
-
Tight spreads push ABS investors up the capital stack
European ABS markets remain well supported by investor demand, but diminishing relative value is pus...
European securitised credit markets last week remained broadly constructive, with stable primary market spreads and stro...
22 June 2026
-
-
-
Market Moves
-
-
Job swaps weekly: Former Blackstone exec sets up capital solutions firm, Schroders hires EU ABF and SRT investments head
People moves and key promotions in structured credit
This week’s roundup of structured credit job swaps sees former Blackstone executive setting up a new instituti...
19 June 2026
-
-
-
News
-
-
M&G launches EU active ETF
The active fund launches with €180mn in funding from external investors
M&G Investments has launched a €200m actively managed ETF investing primarily in triple-A-rated Europea...
19 June 2026
-
-
-
News Analysis
-
-
Capital divergence could fuel Europe's next wave of SRT
US deregulation and stricter European rules are creating sharply different incentives for bank capit...
US-led bank deregulation is beginning to reshape the competitive position of the world’s largest banks, with U...
19 June 2026
-
-
-
News Analysis
-
-
B3E re-proposal comment period ends, increased bank lending targeted
New rules tempt bank back to mortgages, indicating perhaps more SRT
The re-proposed Basel III Endgame (B3E), for which the comment period concludes today (June 18), incorporates plans to m...
18 June 2026
-
-
-
News Analysis
-
-
Jeanine Arnold on ratings advisory and the future of ABF
Vistina's new head of ratings advisory sits down with SCI to discuss her newly created role and why ...
Q: You've had an impressive career spanning Fitch Ratings, Bank of America Merrill Lynch, and most recently Moody's. Wha...
18 June 2026
-
-
-
News Analysis
-
-
ABF Deal Digest: Blackstone launches ABL platform, while Edge Focus inks US$500m partnership
A weekly roundup of private asset-backed financing activity
This week’s roundup of private ABF activity sees Blackstone Credit & Insurance launch SablePointe Cred...
18 June 2026
-
-
-
News Analysis
-
-
SCI In Focus: CLO equity investors wrestle with captive fund dominance
Investors turn to the secondary as captive funds push primary returns down further
The CLO equity landscape has been fundamentally shifted by the ever-growing dominance of captive equity funds, and the e...
18 June 2026
-
-
-
SRT Market Update
-
-
Spanish bank prints new dollar prime auto CLN
SRT market update
Santander Bank has priced its debut prime US auto loan CLN of 2026, a US$279m risk transfer deal designated SBCLN 2026-A...
18 June 2026
-
-
-
News Analysis
-
-
HSBC eyes up to US$2bn for debut NAV fund
Recently hit US$1bn anchor closing, will issue senior loans to PE funds
HSBC Asset Management is aiming to raise up to US$2bn for its debut NAV lending fund, SCI has learned. The NAV Financi...
17 June 2026
-
-
-
News
-
-
Muzinich debuts in EU CLO ETF market
Muzinich & Co. leverages decades of European credit expertise as it enters the ETF market with a...
Global credit specialist Muzinich & Co. has launched its first European ETF, enhancing investor access...
17 June 2026
-
-
-
News
-
-
Fragmented rules and ample capital to keep Asian SRT market niche
S&P says abundant capital and patchy regulation will slow SRT adoption across South and Southeas...
South and Southeast Asia's SRT market is likely to remain small and fragmented, with regulatory uncertainty compounded b...
17 June 2026
-
-
-
News Analysis
-
-
US loan performance patchy
Various areas in distress, but none as yet to worry SRT
Federal Family Education Loan Program (FFELP) ABS defaults rose for the second straight quarter in Q1, Fitch reported to...
16 June 2026
-
-
-
SRT Market Update
-
-
Single-name CRTs emerge in digital infrastructure financing
SRT market update
Funds managed by Golub Capital have provided credit protection on portions of two digital infrastructure loans with an a...
16 June 2026
-
-
-
News
-
-
British Business Bank backs Propel with £75m facility and first public ABS investment
New £75m facility and securitisation investment support growth of UK asset finance and SME fund...
The British Business Bank has announced two new transactions with asset finance provider Propel Finance, including a &am...
16 June 2026
-
-
-
News Analysis
-
-
State Street and Janus Henderson highlight ABS ETF liquidity
State Street and Janus Henderson argue that liquidity in high-quality ABS is solid, citing robust se...
ABS ETFs are still a relatively new segment of the market, but two of the largest entrants are making the case that inve...
16 June 2026
-
-
-
News
-
-
Canyon Partners launches ABF venture
US$30bn firm bets on permanent capital and a Wall Street veteran to capture a slice of the boom
Canyon Partners, the US$30bn global alternative investment manager, has announced the creation of Canyon ABF Partners, a...
15 June 2026
-
-
-
News
-
-
Manager tiering drives wider pricing gaps as MVOC levels decline
Poh-Heng Tan from CLO Research provides insights into how MVOC and manager tiering influence US CLO ...
The table below presents benchmark BB tranche discount margins (DMs) for US CLOs with reinvestment periods ending in 202...
15 June 2026
-
-
-
News
-
-
Europe can double SRT market
Mortgage SRT and insurers emerge as key battlegrounds in EU securitisation reform
European policymakers should use the ongoing securitisation reform to unlock mortgage SRT transactions and expand the ro...
15 June 2026
-
-
-
News
-
-
Schroders expands SRT push with senior hire from CQS
The London-based investment firm has hired Bob Paterson from Manulife CQS to lead its European SRT a...
Schroders Capital has appointed Bob Paterson as head of European SRT and ABF investments, creating a new senior role as...
15 June 2026
-
-
-
News
-
-
Global ABS update: Structured finance at a turning point
Insights from Global ABS 2026 reveal growing convergence between private credit and securitisation, ...
Last week's structured finance discussions at the annual Global ABS conference in Barcelona, attended by SCI, highlighte...
15 June 2026
-
-
-
News Analysis
-
-
Gravis eyes €1bn mid-market infra debt fund
Deal pipeline includes a UK anaerobic digestion transaction of around £50m
Gravis is looking to launch a €1bn closed-ended ABF fund targeting mid-market infrastructure debt transactions,...
12 June 2026
-
-
-
News
-
-
Job swaps weekly: Chorus appoints deputy cio, while Barings expands senior lineup
People moves and key promotions in securitisation
This week’s roundup of securitisation job swaps sees Chorus Capital appoint Aidan McKeown as deputy cio, furth...
12 June 2026
-
-
-
News Analysis
-
-
Deloitte, Perella pros launch ABF capital advisory shop
New boutique targets hybrid capital gap as US private credit reshapes European markets
A new independent capital advisory firm has launched, betting on growing demand for ABF, specialist debt and hybrid capi...
12 June 2026
-
-
-
News
-
-
SRT enters a more selective era
As SRT volumes rise, investors are focusing increasingly on transparency, governance and execution
The Global ABS conference’s SRT track this week highlighted a market entering a new phase of maturity, with sp...
11 June 2026
-
-
-
News
-
-
ABF Deal Digest: Datavault AI set to scale via asset-backed vehicle
A weekly roundup of private asset-backed financing activity
This week’s roundup of private ABF activity sees real-world asset (RWA) tokenisation technology provider Datav...
11 June 2026
-
-
-
SRT Market Update
-
-
Infrastructure SRTs edge closer to reality
SRT market update
Sources familiar with the activities of an Asia-Pacific investor indicate that an emerging markets transaction is expect...
11 June 2026
-
-
-
News Analysis
-
-
ABF: Virtues of asset-based lending in a turbulent world - video
Crayhill Capital's Carlos Mendez speaks to SCI
Carlos Mendez, co-founder of Crayhill Capital, talks to SCI US editor Simon Boughey about where he sees value at the...
10 June 2026
-
-
-
News Analysis
-
-
Non-bank lenders are reshaping European credit
Tighter regulation and a retreat by traditional banks have propelled a new generation of lenders to ...
A decade ago, non-bank lenders occupied a narrow strip of the European credit landscape. Today, they account for more th...
10 June 2026
-
-
-
News Analysis
-
-
SCI In Conversation Podcast: Francesco Filia, Fasanara Capital
We discuss the hottest topics in securitisation today...
In this episode of SCI In Conversation, ABF Editor Jacob Chilvers speaks with Fasanara Capital founder and ceo Francesco...
10 June 2026 Free
-
-
-
News
-
-
Chorus scoops Magnetar SRT pro as deputy CIO
Fund scouts senior talent as it seeks to 'cement' market leadership
Chorus Capital has appointed Aidan McKeown as deputy cio, further strengthening its investment team as the specialist SR...
9 June 2026
-
-
-
News
-
-
Key duo exits WhiteStar's CLO platform
Whitestar mds Brian McNamara and Conor Power leave after four years heading CLO operations
Two senior members of WhiteStar Asset Management’s CLO platform are departing&n...
9 June 2026
-
-
-
News
-
-
Global ABS update: Positive issuance outlook
European securitisation market expected to remain active as banks proliferate new products
European securitisation issuance is expected to grow in the coming year, according to panellists at Global ABS, taking p...
9 June 2026
-
-
-
News
-
-
Latest SRTx fixings released
SRT market settles as volatility eases, despite lingering caution
The latest SRTx fixings for May 2026 suggest that markets remain stable, with volatility and credit risk concerns easing...
8 June 2026
-
-
-
SRT Market Update
-
-
Bulgarian bank seals second EIB-backed SRT
SRT market update
Allianz Bank Bulgaria has completed its second synthetic securitisation with EIB Group, freeing up capacity to support a...
5 June 2026
-
-
-
Market Moves
-
-
Job swaps weekly: Avellinia appoints chief credit officer, while Davidson Kempner launches European CLO arm
People moves and key promotions in securitisation
This week’s roundup of securitisation job swaps sees Davidson Kempner become the latest firm to launch a Europ...
5 June 2026
-
-
-
News Analysis
-
-
Insurers offload data centre risks with niche ILS structures
Insurance-linked securities come to the forefront, with US$30bn in digital infra issuance
A once niche part of the securitisation market is taking centre stage in the data centre race as insurance comp...
5 June 2026
-
-
-
News
-
-
Securitised credit stays firm as issuance runs ahead of record pace
ABS issuance hits 2026 high as strong technicals support spread performance, while investors look to...
Securitised credit markets remain positive heading into June, with issuance running above last year’s record p...
5 June 2026
-
-
-
News Analysis
-
-
SCI In Focus: Rising LMEs elevate documentation risk for CLO managers
Covenant-lite loans and adversarial LMEs redefine risk and recovery dynamics in CLO markets
Liability management exercises (LMEs) have become increasingly common in leveraged finance, raising concerns for CLO inv...
5 June 2026
-
-
-
News
-
-
KBRA sees path for European fibre assets to tap ABS market
Rating agency says mature fibre networks with recurring revenues could increasingly refinance throug...
European fibre infrastructure assets could increasingly turn to securitisation as a refinancing tool once they move beyo...
5 June 2026
-
-
-
News
-
-
Fitch updates CLO rating method to reflect growth of non-bankruptcy default events
Reduced downgrade risk could see agency expand its market share in rating mezzanine CLO debt
Fitch has finalised its updated CLO rating criteria that include changes that could result in a number of upgrades to ou...
4 June 2026
-
-
-
News Analysis
-
-
ABF Deal Digest: Blackstone cuts US$1.3bn biotech facility for Apogee
A weekly roundup of private asset-backed financing activity
This week’s roundup of private ABF activity sees Funding Circle renew a £200m forward flow agreement...
4 June 2026
-
-
-
News Analysis
-
-
GB Bank, beyond the asset class
Wholesale funding strategies are evolving, and for GB Bank, the originator behind the assets matters...
The specialist finance market has grown accustomed to discussing opportunities between asset classes, but a growing numb...
4 June 2026
-
-
-
News Analysis
-
-
IACPM survey underlines 'orderly' SRT expansion
Non-GSIB issuers, specialised lending driving growth
Banks issued €30bn of first loss and mezzanine SRT tranches referencing €378bn of loans in 2025, repre...
4 June 2026
-
-
-
SRT Market Update
-
-
Top 10 US bank in CLN market
Truist Financial back in SRT
Truist Financial is in the market with its second risk transfer deal CLN, following its debut in the market last Septemb...
3 June 2026
-
-
-
News Analysis
-
-
ABS: Stronger orderbooks drive sharper spread compression in 1Q 2026 - SCI Analytics
ABS spread tightening became more coverage-sensitive in 1Q 2026, with stronger books more frequently...
The ABS market showed stronger spread compression and more responsive bookbuilding over the first quarter of 2026, accor...
3 June 2026
-
-
-
SRT Market Update
-
-
NA Bank surfaces with $625m CLN
Top ten US bank with IG corporates deal
Now established risk transfer issuer US Bank is in the market with a US$625m CLN, representing a 12.5% first loss positi...
2 June 2026
-
-
-
SRT Market Update
-
-
Asset manager sells on risk transfer
Bayview said in the market
Bayview is in the market with a repackaging of a synthetic securitisation of a US$4.2bn portfolio of investment grade (I...
2 June 2026
-
-
-
News
-
-
Europe's first ESN could accelerate push for SME financing reform
Bpifrance's debut European Secured Note issue could also accelerate efforts to build a pan-European ...
French state-backed investment bank Bpifrance is set to issue the market’s first European Se...
2 June 2026
-
-
-
News
-
-
European securitisation benchmarks launched
SCIx to provide sector and ratings reference points
SCI has launched a family of indices covering the European ABS, CLO and RMBS markets – the SCI Composites Inde...
2 June 2026 Free
-
-
-
News
-
-
Octaura captures up to 8% of syndicated loan trading market in three years
CEO Brian Bejile says rapid electronic adoption is reshaping leveraged finance as investors push for...
Electronic trading platform Octaura has captured roughly 7.7% of the syndicated loan trading market just three years aft...
1 June 2026
-
-
-
News Analysis
-
-
Investor selectivity grows, CEE issuance matures and MDB-led SRT emerges as a new frontier
Monthly roundup of SRT market activity
The SRT market entered May with little sign of slowing, even as broader credit markets continued to navigate volatility,...
29 May 2026
-
-
-
News Analysis
-
-
SCI In Focus: Building an investable asset class referencing MDB exposures
IFC plans repeat SRT issuance as originate-to-distribute model gains traction
IFC’s landmark trade finance synthetic securitisation turned heads across the market earlier this month, as it...
29 May 2026
-
-
-
News Analysis
-
-
Esoteric ABS: Avenues and cul de sacs of data centre financing - video
Milbank's Patrick Campbell speaks to SCI about data centre financing
Patrick Campbell, a partner at Milbank specialising in digital infrastructure, talks to SCI US editor Simon Boughey i...
29 May 2026
-
-
-
Market Moves
-
-
Job swaps weekly: Seward & Kissel names new head of structured credit
People moves and key promotions in securitisation
This week’s roundup of securitisation job swaps sees Seward & Kissel appointing a New-York-based partn...
29 May 2026
-
-
-
News
-
-
IQ-EQ completes Zenith acquisition expanding Italian structured finance presence
Acquisition gives IQ-EQ its first foothold in Italy as the firm looks to deepen European structured ...
IQ-EQ yesterday completed its acquisition of Italian securitisation and structured finance specialist Zenith Global, fol...
28 May 2026
-
-
-
News Analysis
-
-
US Bank sees CLO issuance rebound as managers expand into Europe and private credit structures evolve
Hosni Shadid says geopolitical uncertainty and private credit concerns temporarily slowed issuance a...
The CLO market is poised for renewed momentum in the second half of 2026, after a brief slowdown in issuance activity dr...
28 May 2026
-
-
-
News Analysis
-
-
ABF Deal Digest: Carlyle inks PDP deal, while Octane executes fifth forward flow
A weekly roundup of private asset-backed financing activity
This week’s roundup of private ABF activity sees Diversified Energy Company and Carlyle’s Global Cre...
28 May 2026
-
-
-
News Analysis
-
-
Värde and the top trends in the world of ABF
Missy Dolski, partner and global head of ABF at Värde Partners, answers SCI's questions
Q: Can you walk us through how you found your way into ABF? A: I have a very untraditional background. I actually star...
27 May 2026
-
-
-
News
-
-
EU ABS market slows but pricing remains firm amid selective investor demand
Santander and Beequip transactions attract strong orders despite lighter primary supply, while renew...
Primary European ABS activity slowed this week following a busy prior pipeline, but the market still delivered strong pr...
27 May 2026
-
-
-
SRT Market Update
-
-
Japanese bank preps SRT referencing revolvers
SRT market update
SMBC is in the market with an SRT deal referencing a US$4.2bn diversified portfolio of revolving corporate credit facili...
27 May 2026
-
-
-
News Analysis
-
-
Nodem cuts US$40m NAV loan to US manager
Deal structured as a two facility blend between the GP and the fund
Nodem Capital has facilitated a US$40m NAV loan to a US-based asset manager, SCI has learned. The deal, which...
26 May 2026
-
-
-
News Analysis
-
-
The CFO uptick
Jeffrey Stern, structured finance partner at Reed Smith, expands on the asset class momentum
Q: We're seeing a notable resurgence in CFOs recently. What do you think is driving that appetite among GPs and LPs? A...
26 May 2026
-
-
-
Talking Point
-
-
SCI In Focus: CLOs emerge as key funding tool for expanding private credit platforms
Managers increasingly view CLOs as a scalable and resilient financing tool as retail-driven outflows...
The rapid growth of the private credit market over the last decade has also seen increased issuance of private credit CL...
26 May 2026
-
-
-
SRT Market Update
-
-
Industry waits for eligible guarantor clarity
Much-lauded B3E provides no relief
The re-proposed Basel III Endgame (B3E) has been met with largely universal acclaim from US banks, but one aspect german...
22 May 2026
-
-
-
SRT Market Update
-
-
GSIBs in the market with fund finance exposure
JPM and GS looking to offload risk with SRTs
GSIBs JP Morgan and Goldman Sachs are looking for buyers of synthetic securitisations of NAV loans and subscription line...
22 May 2026
-
-
-
Market Moves
-
-
Job swaps weekly: Desjardins hires securitisation head, Gemcorp and ICG also hire structuring leads
People moves and key promotions in structured credit
This week’s roundup of structured credit job swaps sees alternative credit specialist Desjardins hire...
22 May 2026
-
-
-
News
-
-
Fitch marks first Euro CLO 'C' downgrade in 2.0 era
Rating agency highlights growing pressure on lowest, riskiest tiers of European CLOs
Fitch has warned that a recent downgrade of a European CLO may not be an isolated case in its latest European CLO perfor...
22 May 2026
-
-
-
News Analysis
-
-
ABF Deal Digest: BBB agrees £350m deal with Allica, while Shawbrook cuts £22.5m ABL facility
A weekly roundup of private asset-backed financing activity
This week’s roundup of private ABF activity sees the British Business Bank agree an ENABLE Guarantee transacti...
21 May 2026
-
-
-
News Analysis
-
-
Former III Capital COO secures family office anchor for ABF launch
Mark Perry is actively fundraising for a strategy focused on rare diamonds
Ex-III Capital Management coo Mark Perry has received a family office anchor for a new co-investment vehicle, SCI has le...
21 May 2026
-
-
-
News Analysis
-
-
Canyon eyes non-QM opportunities in 'higher for longer' rate environment
Firm expects to break new issuance records after strong growth last year
Canyon Partners is targeting record-breaking issuance in the non-qualified mortgage sector this year. The US$30bn mana...
21 May 2026
-
-
-
News Analysis
-
-
US BB CLO BWIC sees strong demand for higher-MVOC top-tier names
Poh-Heng Tan from CLO Research provides insights US BB CLO BWIC where Oak Hill, BSP and Diameter-man...
Yesterday’s US BB CLO BWIC highlighted strong demand for top-tier names with higher MVOC levels, as reflected...
21 May 2026
-
-
-
News Analysis
-
-
"Issuers are listening": Man Group sees investor leverage returning to SRT
Age of plenty for issuers may be ending
As synthetic securitisation spreads have continued to widen since Q4 2025, experienced protection sellers may b...
21 May 2026
-
-
-
News
-
-
Morningstar DBRS backs FCA securitisation reforms but flags disclosure risks
Morningstar DBRS warns that while the FCA's proposed securitisation reforms could streamline UK auto...
The FCA’s proposed overhaul of UK securitisation reporting could improve efficiency in the auto ABS market but...
20 May 2026
-
-
-
News Analysis
-
-
SCI in Focus: Momentum grows in the CRE lending market
From busy ABF pipelines to manufactured housing finance, the architecture of real estate lending is ...
UK commercial real estate lending is firing on all cylinders: the sector rose 29% last year to reach its highest level s...
20 May 2026
-
-
-
News Analysis
-
-
CLOs: First-quarter data shows strong technicals keep CLO machine running, despite market strains - SCI Analytics
Global volume reached US$141bn in 1Q26 as strong investor demand and captive equity supported issuan...
The global CLO market displayed a relatively strong technical in 1Q26 - despite challenging market conditions -...
20 May 2026
-
-
-
News
-
-
UK SME guarantee programme debuts SRT-style structure
'Repeatable template' to reduce execution uncertainty
The British Business Bank (BBB) has launched its inaugural ENABLE Guarantee structured as an SRT-style transaction, with...
19 May 2026
-
-
-
News
-
-
Varde Partners prices largest CRE CLO to date at US$1bn
Varde's latest issuance highlights renewed momentum in CRE securitisation markets amid improving inv...
Varde Partners has today closed its largest commercial real estate (CRE) CLO to date, pricing the US$1bn VMC 2026-FL6 tr...
19 May 2026
-
-
-
News Analysis
-
-
Data centre ABS: growth from the ground up
Joe Allen, deputy cio and head of securitised credit strategies at Bright Meadow, an investment team...
The age of digital infrastructure growth is in full swing, with investors betting on rapid scaling to deliver fruitful r...
19 May 2026
-
-
-
News
-
-
LMA backs UK securitisation reform as CLO market eyes regulatory reset
Proposed FCA and PRA changes could improve efficiency and competitiveness for CLO managers and inves...
The Loan Market Association (LMA) is supporting the Financial Conduct Authority (FCA) and Prudential Regulation Authorit...
18 May 2026
-
-
-
Talking Point
-
-
SCI in Focus: AI adoption in the CLO market
AI tools have the potential to reshape CLO workflows and disrupt the manager ecosystem, but uptake r...
The CLO market has been grappling with the implications of AI disruption for several years, with concerns inten...
18 May 2026
-
-
-
News
-
-
Secondary loan markets stabilise while primary issuance weakens
BSL market recovery remains uneven as investors favour higher-quality loans
The broadly syndicated loan (BSL) market showed signs of recovery last month, after a volatile start to the year shaped...
18 May 2026
-
-
-
Market Moves
-
-
Job swaps weekly: NorthWall lands major CLO hire from Permira Credit
People moves and key promotions in structured credit
This week’s roundup of structured credit job swaps sees alternative credit specialist NorthWall Capital make a...
15 May 2026
-
-
-
News
-
-
Kartesia set to launch first EU CLO
Kartesia is preparing to enter the European CLO market with its inaugural Euro CLO expected in H2
Kartesia is preparing to launch its first European CLO in the second half of the year, with Deutsche Bank acting as arra...
15 May 2026
-
-
-
News
-
-
ABF Deal Digest: Glencore completes US$2.55bn deal, while Royal London cuts senior financing facility
A weekly roundup of private asset-backed financing activity
This week’s roundup of private ABF activity sees Ripple secure a US$200m facility from Neuberger Speciality Fi...
14 May 2026
-
-
-
News Analysis
-
-
Beach Point on ABF strategy and market outlook
Benjamin Hunsaker, head of structured credit & ABF at Beach Point Capital, answers SCI's questio...
Q: How would you describe Beach Point and your role there? A: Beach Point manages over US$20bn in assets. We like to t...
14 May 2026
-
-
-
News Analysis
-
-
Pantheon raises US$1bn in debut private equity CFO
Strong demand from insurers is driving structured credit push
Pantheon has closed its first private equity collateralised fund obligation at US$1bn, surpassing its US$750mn target. ...
14 May 2026
-
-
-
News Analysis
-
-
Manager tiering drives CLO double-B pricing as MVOC weakens
Poh-Heng Tan from CLO Research provides BWIC colour insights on US CLO BB tranche pricing
Using a sample of US BSL CLO BB bonds with reinvestment end dates between 2029 and 2031 that have been placed on BWIC si...
14 May 2026
-
-
-
News Analysis
-
-
SRT: First quarter data shows a more strategic phase - SCI Analytics
SRT Quarterly Report points to increasing institutionalisation, resilient investor demand and expand...
The global SRT market entered 2026 with strong momentum, but the defining feature of the first quarter was not simply is...
13 May 2026
-
-
-
SRT Market Update
-
-
IFC teams up with six institutions on historic trade finance SRT
First MDB trade to utilise three-tiered capital structure
IFC has finalised its inaugural Trade Finance Synthetic Securitisation (TFSS), marking the institution’s first...
13 May 2026
-
-
-
News
-
-
SRT fast track gaining traction
Call for banks to contribute to 'simplification agenda'
Only two SRT transactions were submitted to the ECB via its new ‘fast track’ procedure during the fi...
13 May 2026
-
-
-
News
-
-
Commerzbank eyes new asset classes for SRT programme
German lender's new 'Momentum' strategy targets revealed
Commerzbank is gearing up to use SRTs beyond traditional corporate loan portfolios, as the lender looks to reach long-te...
13 May 2026
-
-
-
News
-
-
Pearl Diver launches investment-grade CLO strategy to broader market
The tranche investment specialist targets ETF competition with a more flexible, actively-managed str...
Pearl Diver Capital has opened its investment grade (IG) CLO strategy to the broader market, expanding the fund to a wid...
13 May 2026
-
-
-
Talking Point
-
-
Chinese EV expansion seen as gradual shift in Europe, not auto ABS disruption
Morningstar says underwriting quality and residual value management matter more than vehicle origin
Chinese electric vehicle manufacturers are becoming increasingly visible across Europe, but according to Morningstar&...
13 May 2026
-
-
-
News
-
-
Iberian SRT market 'no longer niche'
Access to granular historical data remains critical
Iberian industry participants at SCI’s SRT Roadshow in Madrid last week agreed that risk transfer is &ldqu...
12 May 2026
-
-
-
News
-
-
Mountain Point debuts $500m CLO with systematic risk strategy
Connecticut-based manager launches its first CLO backed by nearly 1,000 syndicated loans
Mountain Point Credit Management recently closed on its inaugural US$500mn CLO transaction consisting of nearly 1,000 br...
12 May 2026
-
-
-
News
-
-
Latest SRTx fixings released
SME demand drives SRT spread recovery despite macro volatility
The latest SRTx fixings for April 2026 point to a market that is slowly bouncing&...
12 May 2026
-
-
-
News Analysis
-
-
ABF and the UK real estate opportunity
Continued bank retrenchment is opening additional opportunities for ABF
ABF has become the alternative mode of credit in the UK real estate market as banks continue to retrench and the financi...
12 May 2026
-
-
-
News
-
-
Janus Henderson's EUR AAA CLO ETF tops $500m as investors continue to favour senior credit
The strategy becomes Europe's largest and most traded EUR AAA CLO ETF
Janus Henderson’s EUR AAA CLO strategy has surpassed US$500m in assets, making it the largest and most traded...
12 May 2026
-
-
-
News
-
-
EU structured credit remains firm despite geopolitical strain
ABS and CLO markets remain supported by strong demand and resilient collateral performance
European structured credit markets continue to show resilience despite geopolitical uncertainty, with investors remainin...
12 May 2026
-
-
-
News Analysis
-
-
SCI In Focus: Morocco quietly emerges as Africa's synthetic securitisation pioneer
Morocco is gradually building one of Africa's most advanced synthetic securitisation markets through...
Morocco is emerging as one of the few jurisdictions in Africa actively developing a synthetic securitisation market, wit...
11 May 2026
-
-
-
Market Moves
-
-
Job swaps weekly: Lazard to acquire Campbell Lutyens
People moves and key promotions in securitisation
This week’s roundup of securitisation job swaps sees Lazard striking a deal to acquire private markets advisor...
8 May 2026
-
-
-
News Analysis
-
-
LibreMax launches debut ABF interval fund
New York-based firm has already raised US$285m from three anchor investors
LibreMax Capital has launched its first ABF-focused interval fund and has already secured US$285m from three anchor inve...
7 May 2026
-
-
-
News
-
-
Kartesia launches European CLO platform
Kartesia Loan Management has raised €140m, targets leveraged loans and structured credit
European private credit manager Kartesia has launched a new platform, Kartesia Loan Management (KLM), focused on investi...
7 May 2026
-
-
-
News Analysis
-
-
Germany's SRT market: A tale of two speeds
Currently, Germany's SRT market is diverging between programmatic issuers and sporadic players amid ...
German SRT markets have often been described as gradual rather than fast-moving. Banks have been slower to embr...
7 May 2026
-
-
-
SRT Market Update
-
-
European MDB launches inaugural SRT with seasoned investor partner, targeting new asset class
SRT market update
The European Bank for Reconstruction and Development (EBRD) has launched its inaugural €1bn Mosaic SRT, with PG...
7 May 2026
-
-
-
News Analysis
-
-
SCI In Focus: ECON backs securitisation revamp, but market warns of 'Pyrrhic victory'
Concerns grow as ECON securitisation reform advances, with questions over ambition and real market i...
The European Parliament’s Committee on Economic and Monetary Affairs (ECON) has set out its position on the re...
7 May 2026
-
-
-
News Analysis
-
-
Argenta opens door to institutional capital
Private credit is discovering an unlikely home in the centuries-old insurance market
Argenta Private Capital Ltd (APCL), one of Lloyd's of London's four member agents, is actively courting institutional in...
7 May 2026
-
-
-
News Analysis
-
-
ABF Deal Digest: Parafin upsizes warehouse, while Torus secures equipment financing
A weekly roundup of private asset-backed financing activity
This week’s roundup of private ABF activity sees Parafin upsize its warehouse credit facility with Trinity. Me...
7 May 2026
-
-
-
News Analysis
-
-
SCI In Conversation Podcast: Gregor Burkart, Enpal
We discuss the hottest topics in securitisation today...
In this episode of SCI in Conversation, ABF senior reporter Marina Torres speaks to Gregor Burkart, svp in asset financi...
6 May 2026
-
-
-
News Analysis
-
-
British Business Bank eyes broader role in UK SME ABS after Propel debut
Government-backed economic development bank aims to familiarise broader investor base with SME ABS a...
The British Business Bank’s first investment in a public cash ABS transaction is part of a deliberate strategy...
6 May 2026
-
-
-
News Analysis
-
-
BlackRock eyes challenges and opportunities in RE CLOs
High rates and geopolitical shocks create a double-edged sword
BlackRock is eyeing opportunities and challenges in the real estate and construction sectors of the CLO market this year...
6 May 2026
-
-
-
News Analysis
-
-
Nordic SRT growth capped by structural constraints
SCI's European SRT Roadshow in Oslo made clear the Nordic SRT market is maturing, but contained
At SCI’s inaugural European SRT Roadshow event in Oslo last week, the message was consistent across panels: th...
6 May 2026
-
-
-
News Analysis
-
-
Navigating MFS's downfall: a resiliency test for ABF
Gabriel Yomi Dabiri, global head of private credit at Squire Patton Boggs, highlights regulatory gap...
Private credit has seen incredible growth since the GFC, but now faces a new challenge: navigating increasing regulatory...
5 May 2026 Free
-
-
-
News Analysis
-
-
From safety valve to engine room
Monthly roundup of SRT market activity
The global SRT market is entering a more mature, strategic phase, according to all the pointers. Developments over April...
1 May 2026
-
-
-
News Analysis
-
-
Job swaps weekly: GB Bank ceo steps down, while Reckoner launches superyacht construction strategy
People moves and key promotions in securitisation
This week’s roundup of securitisation job swaps sees GB Bank ceo Mike Says step down after five years, Citi hi...
1 May 2026
-
-
-
News Analysis
-
-
ABF Deal Digest: Chicago Atlantic in NAV-backed deal while GB Bank supports 4Syte
A weekly roundup of private asset-backed financing activity
This week’s roundup of private ABF activity sees GB Bank back 4Syte with a new invoice finance facility. Meanw...
30 April 2026
-
-
-
News Analysis
-
-
GB Bank backs 4Syte with invoice finance facility
Structure built on multi-issuance securitisation platform with capacity to grow to £100m
GB Bank has provided a new funding facility to 4Syte, a UK invoice finance lender focused on SMEs, SCI has learned. Th...
30 April 2026
-
-
-
News
-
-
Robust 'senior secured' definitions key in CLO analysis, Fitch says
Fitch Ratings warns weak definitions of "senior secured" debt risk undermining recovery expectations...
Fitch Ratings emphasises that the classification of “senior secured” debt within CLO documentation i...
29 April 2026
-
-
-
News
-
-
KBRA rates Harvest Funding RMBS as falling LTVs offset rising arrears pressures
Strong house price growth and borrower overpayments bolster resilience, but looming interest-only ma...
Last week KBRA announced the ratings for Harvest Funding, a static RMBS, where the firm assigned ratings to sev...
29 April 2026
-
-
-
News Analysis
-
-
Hilco Global expands ABF arm after ORIX acquisition
Firm already in discussion with LPs to raise new capital beyond ORIX seed
Hilco Global has launched an expanded ABL platform, combining its valuation expertise with ORIX Corporation USA, which a...
28 April 2026
-
-
-
News Analysis
-
-
Energy shock from Middle East conflict tests chemical CLO exposure
Chemical sector risks and macro volatility heighten investor caution
As the US-Iran conflict enters its 60th day with limited visibility on de-escalation, the spike in energy prices has tra...
28 April 2026
-
-
-
News Analysis
-
-
Chicago Atlantic eyes up to US$1bn for emerging markets fund
The firm is already deploying capital in deals across US$25m to US$50m
Chicago Atlantic is eyeing up to US$1bn for a new emerging markets private credit fund, SCI has learned. The strategy,...
27 April 2026
-
-
-
News Analysis
-
-
Spring surge drives CLO equity BWIC, but IRRs lag distributions
Poh-Heng Tan from CLO Research provides insights into last week's active CLO equity BWIC activity
Just as the first signs of spring draw people out into the streets, an improving trading backdrop, combined with post-Ap...
27 April 2026
-
-
-
SRT Market Update
-
-
Czech lender emerges as SRT name to watch
SRT market update
MONETA Money Bank’s first-quarter results have sharpened focus on whether the Czech lender could eventually jo...
27 April 2026
-
-
-
SRT Market Update
-
-
Credit union SRT push in Canada could open path to US expansion
SRT market update
Canadian credit unions are beginning to explore SRT transactions, marking a potential expansion of the product beyond it...
27 April 2026
-
-
-
Talking Point
-
-
CLO sell-off masks technical dislocation, not credit deterioration, says CIFC
CIFC argues recent drawdowns are driven by liquidity pressures, model distortions, and thin investor...
In the past twelve months, CLO markets have experienced a sharp repricing that reflects deteriorating credit fundamental...
27 April 2026
-
-
-
News Analysis
-
-
Santander retains Pillar 3 pole position
Survey of securitisation disclosures shows BNP Paribas closing in
Santander retains its dominance as a leading synthetic securitisation issuer, according to an SCI Analytics survey of Eu...
27 April 2026
-
-
-
SRT Market Update
-
-
Third issuance underscores cash SRT traction
SRT market update
Compass has completed a €950m consumer loan securitisation structured to achieve&nb...
27 April 2026
-
-
-
News Analysis
-
-
ABF leads the way in Q1 securitisation hires
Inaugural SCI Analytics Quarterly Job Swaps Report reveals asset class accounted for almost half of ...
Asset-backed finance roles accounted for almost half of Q1's securitisation hires at mid-, senior- and C-suite-level, ac...
24 April 2026
-
-
-
News Analysis
-
-
SCI In Focus: EU securitisation reform caught in political crossfire
Political infighting, drafting missteps and insurer tensions cloud the future of EU securitisation r...
EU securitisation reform has become an increasingly contentious political debate marked by changing compromise proposals...
24 April 2026 Free
-
-
-
Market Moves
-
-
Job swaps weekly: SMBC and Mount Street hires, while departures hit UBS and CQS
People moves and key promotions in securitisation
This week’s roundup of securitisation job swaps sees SMBC hire a new head of lender finance in EMEA, while Mou...
24 April 2026 Free
-
-
-
News Analysis
-
-
Legacy barriers and securitisation reforms
George Gooderham, counsel and Andrew Vickery, partner at Linklaters answer SCI's questions
Linklaters has proposed new legal reforms in the EU and UK with the aim of removing legacy barriers in the securitisatio...
24 April 2026
-
-
-
News
-
-
European ABS holds firm in March as demand offsets macro volatility
Robust technicals keep ABS stable despite shifting rate expectations
European ABS markets saw a volatile March backdrop with asset managers pointing to remaining strong demand and resilient...
24 April 2026
-
-
-
Market Moves
-
-
UBS CLO veteran departs
Viral Shah exits the US$60bn platform after over a decade
UBS CLO veteran Viral Shah has departed the firm after over a decade, SCI has learned. London-based Shah has exited th...
23 April 2026
-
-
-
News
-
-
ABF Deal Digest: JetBlue secures US$500m facility
A weekly roundup of private asset-backed financing activity
This week’s roundup of private ABF activity sees JetBlue Airways secure a US$500m financing facility backed by...
23 April 2026
-
-
-
News Analysis
-
-
US CLO momentum slows after strong start to 2026
As the market enters Q2, cautious optimism persists, though widening spreads could shape deal flow
The US CLO market entered 2026 with robust primary issuance and sustained momentum, but nascent signs of deceleration ar...
23 April 2026
-
-
-
SRT Market Update
-
-
Two mortgage SRTs test market resilience
SRT market update
BBVA has executed two on-balance sheet synthetic securitisations referencing a €3bn residential mortgage portfo...
23 April 2026
-
-
-
News Analysis
-
-
SCI In Focus: Risk-based capital modernisation a catalyst for insurance CLO allocations
New modelling proposals could improve capital efficiency for senior tranches, incentivising a strate...
Insurance investment across CLO debt structure could be shaken up by a series of changes to how risk-based capital requi...
23 April 2026 Free
-
-
-
News
-
-
Selwood ramps up capital solutions push as European SRT pipeline widens
Asset manager expands European SRT focus, with Italy remaining attractive amid resilient investor de...
London-based Selwood Asset Management is increasing its focus on capital solutions strategies as it sees a grow...
23 April 2026
-
-
-
News
-
-
CVC closes $1bn CLO equity fund, targets $15bn of issuance
CVC CLO Equity IV marks a 25% increase on prior vehicle and is expected to back more than 30 new CLO...
CVC Credit, the global credit management platform of CVC plc, has reached the final close of its CLO equity fund, CVC CL...
23 April 2026
-
-
-
News
-
-
Private SRT listings rise as Vienna gains traction among European issuers
Banks increasingly use private listings to support SRT transactions and satisfy investor requirement...
The market for SRT-linked listings is gaining momentum, with the Vienna Multilateral Trading Facility (MTF), operated by...
23 April 2026
-
-
-
News
-
-
Banks lean on SRTs as credit outlook darkens
Banks are increasingly using SRTs to manage rising defaults and worsening credit conditions
Deteriorating credit conditions, rising default expectations and a more challenging phase of...
22 April 2026
-
-
-
News
-
-
Golborne launches €500m evergreen ABF fund
Strategy focuses on making senior loans to European and UK SMEs
Golborne Capital has launched a new evergreen ABF fund, SCI has learned. The new vehicle, which is looking to raise &a...
22 April 2026
-
-
-
News
-
-
European auto ABS shows resilience in March despite losses and delinquencies
Gradual credit softening meets leasing stability amid diverging national trends
European auto ABS performance showed a mixed but still resilient profile over the 12 months to March 2026, with loan col...
22 April 2026
-
-
-
SRT Market Update
-
-
Austrian bank loads up its SRT arsenal as capital needs rise
SRT market update
BAWAG Group has all but confirmed that synthetic risk transfer activity will play a central role in funding its proposed...
22 April 2026
-
-
-
News Analysis
-
-
Walls between public and private credit begin to crumble
Majority of global investors expect integrated approach to credit within five years
The boundaries between public and private credit are dissolving, and a majority of global LPs now expect to manage the t...
21 April 2026
-
-
-
News
-
-
Industry groups warn EU securitisation reforms could backfire
Brussels faces pressure to avoid securitisation reforms that could further weaken investor demand
A coalition of financial and investor associations has urged Members of the European Parliament’s ECON Committ...
21 April 2026 Free
-
-
-
News Analysis
-
-
CLO spreads stay wide as uncertainty around Iran war persists
Jolted by ongoing uncertainty following the outbreak of the Iran war, the CLO primary market contrac...
Nearly two months after the outbreak of the Iran war the CLO primary market continues to grapple with wider liabilities...
21 April 2026 Free
-
-
-
News Analysis
-
-
SCI In Focus: Cash SRTs move further into the mainstream
European auto lenders are increasingly using cash SRTs to combine funding and capital relief
Cash SRT deals are becoming an increasingly mainstream funding and capital tool for European banks, as regulators, inves...
20 April 2026
-
-
-
News Analysis
-
-
Asian structured credit demand grows, but fragmentation caps market depth
Investors highlight spread pick-up and rising allocations, but warn regulatory divergence and limite...
Buy-side participants at the FT Live ABS Asia conference last month in Hong Kong highlighted strong investor demand for...
20 April 2026
-
-
-
News Analysis
-
-
SCI In Focus: Brussels debates securitisation reform as insurer role sharpens
EU policymakers face growing pressure to ease constraints on insurers and banks, with industry parti...
The European Union’s latest attempt to revive its securitisation market is entering a decisive phase, with pol...
20 April 2026 Free
-
-
-
Market Moves
-
-
Job swaps weekly: SRT industry veteran joins SMBC, ABF expert from Northleaf departs
People moves and key promotions in securitisation
This week’s roundup of securitisation job swaps sees SRT and ABF industry veterans joining new firms, Bain Cap...
17 April 2026
-
-
-
Market Moves
-
-
Kruzel heads to SMBC
Industry veteran to enhance SMBC SRT profile
Mark Kruzel, whose departure from Pimco was reported yesterday, is joining Sumitomo Mitsui Banking Corporation...
16 April 2026
-
-
-
News Analysis
-
-
Chicago Atlantic enters emerging markets with new ABF strategy
Firm is eyeing a capital gap for mid-sized borrowers across Latin America & Asia
Chicago Atlantic has launched an emerging markets private credit strategy, seeking to deploy bespoke capital into high-g...
16 April 2026
-
-
-
News Analysis
-
-
ABF Deal Digest: Funding Circle renews FlexiPay agreement
A weekly roundup of private asset-backed financing activity
This week’s roundup of private ABF activity sees Funding Circle renew its funding agreement with FlexiPay. Mea...
16 April 2026
-
-
-
News Analysis
-
-
Structure, discipline, scale
Barings' new md, CJ Wei, shares his vision for the firm's ABF strategy
Q: Your career has taken you across some very different environments, with stints at Man Group, Jefferies and Northleaf....
16 April 2026
-
-
-
News
-
-
Cheyne Capital explores insurance side vehicle for SRT strategy
Insurance capital set to play notable role
Cheyne Capital is exploring a dedicated side vehicle targeting insurance capital to invest alongside its existing risk t...
16 April 2026
-
-
-
SRT Market Update
-
-
Green SRT reveals inner workings of public-backed trades
SRT market update
The European Investment Bank (EIB) and European Investment Fund (EIF) have lifted the lid on the structure and pricing o...
16 April 2026
-
-
-
News
-
-
Major US lender takes issue with new capital rules
JP Morgan sees rising charges while others enjoy savings
JP Morgan executives expressed their dissatisfaction with the re-proposed Basel III Endgame (B3E) capital framework duri...
15 April 2026
-
-
-
Market Moves
-
-
Kruzel leaves Pimco
SRT industry veteran seeks pastures new
Mark Kruzel, a well-known figure in the US SRT industry, has left Pimco, SCI has learned. His next berth is not known,...
15 April 2026
-
-
-
SRT Market Update
-
-
Belgian bank readies second corporate loan SRT
SRT market update
KBC Group is understood to be working with Societe Generale on an SRT linked to a €1.25bn portfolio of...
15 April 2026
-
-
-
News Analysis
-
-
Strong bid momentum drives active CLO BB trading day
Poh-Heng Tan from CLO Research provides insights on CLO BB trading: US range wide, EU range tight
Yesterday was a busy day, with significant trading activity at the BB level. A total of 22 line items, amounting to arou...
15 April 2026
-
-
-
News
-
-
Latest SRTx fixings released
Spreads widen as investors begin repricing risk
The latest SRTx fixings for March 2026 suggest the start of a broader repricing across the SRT market, with spreads wide...
15 April 2026
-
-
-
News Analysis
-
-
Structured finance hiring finds its footing
After a record-breaking start to the year, dealmakers hit pause, but the market remains hot
The structured finance hiring market is navigating a quiet moment after one of its most active openings in recent memory...
15 April 2026
-
-
-
News Analysis
-
-
ECB residual value rule changes show limited impact on Auto ABS
Limited repo eligibility impact suggests residual value crackdown is more interpretative than transf...
European auto ABS markets have remained resilient following the European Central Bank’s latest changes to its...
15 April 2026
-
-
-
News Analysis
-
-
CLO debut is 'natural next step' for T. Rowe Price
From loans to CLOs, T. Rowe Price expands credit playbook
Last week, T. Rowe Price announced the pricing of its first foray into the US CLO market with ROWE CLO 2026-1, a $403.59...
14 April 2026
-
-
-
News Analysis
-
-
US CLO BB BWIC activity rebounds as tiering dynamics sharpen
Poh-Heng Tan from CLO Research provides US CLO BB BWIC snapshot with clear tiering in play
US CLO BB BWIC activity picked up last this week, supported by slightly improved loan market sentiment. Across BB tran...
13 April 2026
-
-
-
Market Moves
-
-
Orrick continues Cadwalader hiring spree with two ABS partners
Latest hires deepen Orrick's transatlantic debt finance and ABS capabilities
Orrick continues to build out its structured finance team in London with the addition of two more partners from Cadwalad...
13 April 2026
-
-
-
Market Moves
-
-
Job swaps weekly: Law firms hoover up securitisation talent
People moves and key promotions in securitisation
Law firms in London and the US are beefing up their structured finance and securitisation practices with both new hires...
10 April 2026
-
-
-
News
-
-
ABF Deal Digest: Dubai Aerospace, BXCI launch aircraft leasing partnership
A weekly roundup of private asset-backed financing activity
This week’s roundup of private ABF activity sees Dubai Aerospace Enterprise and Blackstone Credit & In...
9 April 2026
-
-
-
News
-
-
New clean-up call rules to help US SRT
B3E redux boosts market with clean-up calls and p factor
The reworked Basel Three Endgame (B3E) rules, released at the end of last month, represent the gift that keeps giving: i...
9 April 2026
-
-
-
News Analysis
-
-
SCI webinar: Data centre issuance accelerates, but concerns about power remain
Deal sizes grow larger, with US$8bn in public data centre ABS during Q1
Public data centre ABS issuance is already heading to record-breaking levels this year, with Q1 figures alone hitting ar...
9 April 2026 Free
-
-
-
News Analysis
-
-
Specialist lenders ride a wave of healthcare financing momentum
A niche corner in ABF is finding its moment
Two deals totalling more than US$430m have landed in quick succession in healthcare finance, marking a strong momentum f...
9 April 2026
-
-
-
News
-
-
T. Rowe Price makes US CLO market debut
T. Rowe Price manages $1.80 trillion in client assets as of February 28, 2026
Global investment management firm T.Rowe Price has entered the CLO market with the issuance of ROWE CLO 2026-1,...
9 April 2026
-
-
-
News
-
-
EU securitisation reform hinges on calibration
Calibration choices in EU securitisation increasingly seen as central to financing and risk transfer...
Securitisation reform is increasingly being framed as a strategic tool for supporting the financing of the EU economy, w...
9 April 2026
-
-
-
SRT Market Update
-
-
Japanese mid-sized banks explore first SRTs
SRT market update
Japan’s SRT market could be entering its next phase, with mid-sized lenders now understood to be exploring the...
8 April 2026
-
-
-
News
-
-
OIC closes infrastructure credit fund 43% above target
New York-based manager raises US$1.58bn for Fund IV
OIC has closed its fourth private credit fund at US$1.58bn, exceeding its US$1.1bn target and marking the New York manag...
8 April 2026
-
-
-
News
-
-
Northleaf ABF veteran departs
CJ Wei to exit the alternatives manager after seven years
Northleaf Capital Partners veteran CJ Wei has departed the firm after seven years. New York-based Wei has exited the a...
8 April 2026
-
-
-
News
-
-
PAG hires KKR veteran for European buildout
Douglas Watt joins the APAC specialist as global co-head of sales
PAG has hired KKR veteran Douglas Watt as its new global co-head of sales, SCI has learned. London-based Watt is due t...
8 April 2026
-
-
-
Talking Point
-
-
Balancing SRT regulatory safeguards and market innovation - part two
In the second instalment of a two-part primer on the SRT market, Squire Patton Boggs lawyers explore...
SRT transactions are a key capital management tool for financial institutions worldwide and their utilisation is set to...
7 April 2026
-
-
-
News Analysis
-
-
Hard test gets harder
SRT issuance perhaps boosted by EBA Q&A
The recent Q&A from the European Banking Authority (EBA) rejecting Federal Reserve Economic Data (FRED) as adequ...
2 April 2026
-
-
-
News
-
-
Debut SRT on starting blocks
Singapore bank readies new corporate loan deal
DBS Bank is expected to close its landmark SRT transaction within the next two weeks, SCI has learned, in what could mar...
2 April 2026
-
-
-
News
-
-
Ninety One to wind down European private credit strategy
Firm working 'to identify the best way forward'
Ninety One is set to wind down its European private credit strategy, SCI has learned. The £159bn manager is cl...
2 April 2026
-
-
-
Market Moves
-
-
Job swaps weekly: USS and Venn ink strategic private credit partnership
People moves and key promotions in securitisation
This week’s roundup of securitisation job swaps sees USS acquire a majority interest in Venn Partners, strengt...
2 April 2026
-
-
-
News
-
-
ABF Deal Digest: Allegro secures £2m facility from Beechbrook
A weekly roundup of private asset-backed financing activity
This week’s roundup of private ABF activity sees Allegro Finance, a specialist film lending platform, securing...
2 April 2026
-
-
-
News
-
-
Fed SME capital shift puts SRT role in focus
Fed proposals to ease SME capital rules raise questions over future demand for SRT structures
Proposed changes to US bank capital rules aimed at boosting small business lending are likely to have indirect implicati...
2 April 2026
-
-
-
News
-
-
Blue Owl hits US$2.9bn for latest ABF fund
ASOF IX surpassed its original US$2.5bn fundraising target
Blue Owl Capital has closed its Asset Special Opportunities Fund IX (ASOF IX) at US$2.9bn, surpassing its original targe...
1 April 2026
-
-
-
News Analysis
-
-
Beechbrook Capital, BBB back Allegro to scale UK film lending
Lender targets slate-level financing as UK production finance goes institutional
Allegro Finance, a specialist film and television lending platform, has secured a £2m working capital facility...
1 April 2026
-
-
-
News Analysis
-
-
ABF in the spotlight
Kanav Kalia, chief sales officer at Oxane Partners, answers SCI's questions
Q: How does the current interest-rate environment affect deal flow? A: I imagine that as things smooth off, we&rsq...
1 April 2026
-
-
-
SRT Market Update
-
-
Digital bank ramps up use of capital relief trades
SRT market update
Värde Partners has executed a US$1.7bn SRT with Klarna, referencing a portfolio of euro-denominated consumer lo...
1 April 2026
-
-
-
News Analysis
-
-
Automating ABF
Chandini Jain, founder of Auqan answers SCI's questions
Q: How and why did you start Auquan? A: My background was on the buy side. I used to run trading strategies for a fund...
1 April 2026
-
-
-
News Analysis
-
-
Chamonix breaks ground on first infrastructure CLO
Foundation laid for a repeatable series of infrastructure CLOs using Natixis' origination platform
Chamonix Partners Capital Management, a subsidiary of Natixis CIB, has issued its inaugural project finance CLO. The tra...
1 April 2026
-
-
-
SRT Market Update
-
-
Synthetic green SRT unlocks fresh lending in Poland
SRT market update
The European Investment Bank (EIB) and European Investment Fund (EIF) have executed a synthetic securitisation with Sant...
1 April 2026
-
-
-
News Analysis
-
-
SRT gathers pace as capital deepens and the market finds its groove
Monthly roundup of SRT market activity
The European SRT market continues to build momentum in early 2026, with strong investor demand, expanding issuer partici...
31 March 2026
-
-
-
SRT Market Update
-
-
Canada SRT issuance picks up as credit unions enter
SRT market update
A Canadian credit union is preparing what is understood to be the first SRT transaction of its kind in the domestic mark...
31 March 2026
-
-
-
SRT Market Update
-
-
German lender eyes potential CRE-linked SRT
SRT market update
Landesbank Hessen-Thüringen Girozentrale (Helaba) is considering a return to the SRT market later this year wit...
31 March 2026
-
-
-
Talking Point
-
-
Balancing SRT regulatory safeguards and market innovation - part one
In the first instalment of a two-part primer on the SRT market, Squire Patton Boggs lawyers examine ...
SRT transactions are a key capital management tool for financial institutions worldwide and their utilisation is set to...
31 March 2026
-
-
-
News Analysis
-
-
No SRT? Australian bank deal shows the workaround
Australian bank explores capital-light deal, highlighting how regulation is reshaping risk transfer ...
Australia’s risk transfer market may not be growing in the way global investors expect, but it is evolving, an...
31 March 2026
-
-
-
News Analysis
-
-
SCI In Conversation Podcast: Alex Branton, Nodem Capital
We discuss the hottest topics in securitisation today...
In this episode of SCI In Conversation, ABF associate editor Jacob Chilvers speaks to Alex Branton, founder of Nodem Cap...
31 March 2026 Free
-
-
-
SRT Market Update
-
-
Brussels lender preps debut SRT, not yet in market
SRT market update
Belgium’s Belfius Bank is preparing its inaugural SRT transaction, having reportedly appoint...
30 March 2026
-
-
-
SRT Market Update
-
-
Romanian SRT pioneers new investor access model
SRT market update
IFC has executed a landmark synthetic securitisation in Romania with Banca Comercială Rom&...
30 March 2026
-
-
-
News
-
-
SCI webinar: Repeat issuance reshapes SRT market dynamics
SRT markets shift toward programmatic issuance, say panellists
SRTs are becoming an increasingly embedded tool within banks’ capital management frameworks, driving a shift i...
30 March 2026 Free
-
-
-
News Analysis
-
-
SCI In Focus: Geopolitical risks compound pressure on single-B minus CLO holdings
European CLOs are facing a period of idiosyncratic risk as credit paths diverge among issuers facing...
European CLO portfolios are increasingly exposed to highly cyclical sectors like chemicals and building materials, where...
30 March 2026
-
-
-
SRT Market Update
-
-
Greek bank tightens SRT pricing below mid-7%
SRT market update
Piraeus Bank has achieved its tightest pricing to date in the SRT market, with spreads compressing to below the mid-7% r...
30 March 2026
-
-
-
The Structured Credit Interview
-
-
Alternative capital driving MA-eligible asset innovation
Ashley Thomas, head of structured finance (UK) at ARC Ratings, answers SCI's questions in connection...
Legal & General securitised a portfolio of UK equity release mortgages in December, with Stonehill Credit acting...
30 March 2026
-
-
-
The Structured Credit Interview
-
-
Pockets of US CMBS repay attention
Aperture Investors structured credit head talks risk and return
Vladimir Lemin heads up structured credit for Aperture Investors, an alternative investment manager based in New York wi...
30 March 2026
-
-
-
Market Moves
-
-
Job swaps weekly: Vantage, Schonfeld and S2G lead hires
People moves and key promotions in securitisation
This week’s roundup of securitisation job swaps sees Vantage Data Centers appointing a new global CFO. Elsewhe...
27 March 2026
-
-
-
SRT Market Update
-
-
UK SME/CRE SRT prints with solid IG senior stack
SRT market update
Santander UK has closed its latest synthetic securitisation, Colossus 2026-1, with ARC Ratings and Scope assigning inves...
27 March 2026
-
-
-
News
-
-
Beyond the deal: Middle Eastern SWF deepens push into SRT
SRT market update
The recent partnership between Abu Dhabi Investment Authority (ADIA) and Christofferson Robb & Company is being...
26 March 2026
-
-
-
News
-
-
ABF Deal Digest: Merit prices US$817m securitisation
A weekly roundup of private asset-backed financing activity
This week’s roundup of private ABF activity sees Merit AirFinance price a US$817m asset-backed securitisation....
26 March 2026
-
-
-
News
-
-
M&G cuts US$267m music royalties deal with Seeker
Finances existing portfolio with additional capital for delayed draw capacity
M&G Investments has cut a US$267m asset-backed securitisation deal for Los Angeles-based Seeker Music. The dea...
25 March 2026
-
-
-
News Analysis
-
-
SCI In Conversation Podcast: Ralf Loewe, Aareal Bank
We discuss the hottest topics in securitisation today...
In this episode of SCI in Conversation, SRT reporter Dina Zelaya speaks to Ralf Loewe, managing director and he...
25 March 2026
-
-
-
News
-
-
SRTs still offer a spread premium over ABS despite tightening
Tristan Teoh, head of European secured finance at Insight Investment, answers SCI's questions
As SRT transactions continue to gain traction among institutional investors, asset managers are increasingly positioning...
25 March 2026
-
-
-
News
-
-
PRA renews focus on genuine risk transfer
UK regulator clarifies that capital relief must align with meaningful and demonstrable transfer of c...
The UK’s Prudential Regulation Authority (PRA) has provided SCI further clarity on...
25 March 2026
-
-
-
News
-
-
ECB keeps eyes open
Regulator warns of risks
While recognizing that SRT transactions are now an important part of European banking capital management, increasing use...
24 March 2026
-
-
-
SRT Market Update
-
-
French bank executes dual SRTs
SRT market update
BNP Paribas is understood to have priced and closed two SRT transactions under its Echo and Resonance programmes, SCI ha...
24 March 2026
-
-
-
News Analysis
-
-
Blue chip ABF funds posted strong returns in Q4
Performance held steady even as higher rates persisted
Private credit funds posted steady returns in Q4 2025, according to a new report by Cardo AI published this month. Fun...
24 March 2026
-
-
-
SRT Market Update
-
-
Spanish bank prints record corporate SRT
SRT market update
BBVA has completed a €4.5bn synthetic securitisation of a corporate loan portfolio, marking the largest SRT tra...
23 March 2026
-
-
-
News
-
-
Avenue eyes US$1bn for European asset-backed fund
Firm has already raised US$250m and is targeting a first close in Q2
Avenue Capital Group is targeting US$1bn for its latest European special situations fund, SCI has learned. Avenue Euro...
23 March 2026
-
-
-
Market Moves
-
-
Job swaps weekly: U.S. Bank hires global investment services head, Fortress shuffles
People moves and key promotions in securitisation
This week’s roundup of securitisation job swaps sees U.S. Bank hiring a head of global investment ser...
20 March 2026
-
-
-
News Analysis
-
-
Fasanara Capital and IFC launch US$100m receivables fund
First strategy globally to focus on SME lending to women-owned businesses
Fasanara Capital has teamed up with the IFC to launch a US$100m receivables financing fund targeting MSME’s in...
20 March 2026
-
-
-
News
-
-
SRT market poised for growth amid shifting dynamics
SRT market shows resilience, evolving investor dynamics, and growing momentum for unfunded structure...
The SRT market is on track for another active year, supported by strong Q1 issuance, tight spreads and sustained investo...
20 March 2026
-
-
-
News
-
-
Octaura launches CLO BWIC workflow feature
Octaura continues its quest to improve CLO market efficiency with its automated 'Live Feedback' syst...
In its latest effort to modernise CLO trading, Octaura has launched a new auction workflow for CLO BWICs that f...
19 March 2026
-
-
-
News
-
-
Australia's regulator liquidity review could support RMBS demand
APRA's review of HQLA rules may open the door for RMBS inclusion shifting bank investment demand.
Proposed reforms to Australia’s bank liquidity framework could reshape demand for structured finance products...
19 March 2026
-
-
-
News
-
-
ABF Deal Digest: Upstart enters US$1bn forward flow with Eltura
A weekly roundup of private asset-backed financing activity
This week’s roundup of private ABF activity sees Upstart enter a US$1bn forward flow agreement with Eltura. Me...
19 March 2026
-
-
-
News
-
-
CLNs the winner
Fed proposes ditching reservation of authority
The US SRT industry is a particular beneficiary of the proposed revisions to the regulatory capital framework announced...
19 March 2026
-
-
-
News
-
-
European ABS and CMBS defaults remain contained
Stable performance persists across EU securitisation markets as digital infrastructure fuels growth
The European securitisation market continues to show stable credit performance this week, according to Bank of...
18 March 2026
-
-
-
News Analysis
-
-
EU CLO BBs hold firm as single-B dispersion widens
Poh-Heng Tan provides a snapshot on EU CLO trading
Monday’s BWIC provided useful insight into current trading levels for lower-MVOC EU CLO BB tranches and single...
18 March 2026
-
-
-
News
-
-
EU CLOs navigate LME risk, co-op scrutiny and evolving market dynamics
SCI attended FT Live's 2026 European CLO event yesterday in London where senior CLO market participa...
A panel at the conference on liability management exercises (LMEs) highlighted growing concern about aggressive US-style...
18 March 2026
-
-
-
News
-
-
B3E revisions about to drop
New rules due tomorrow, kicking off comment period
The eagerly anticipated final adjustment to the contentious Basel Three Endgame (B3E) capital rules are expected to be a...
18 March 2026
-
-
-
SRT Market Update
-
-
CRT unlocks private capital for Chilean trade finance
SRT market update
The IFC joins forces with Newmarket Capital on one of the latest Patagonia-style CRT transactions in L...
18 March 2026
-
-
-
News Analysis
-
-
Edge Focus closes US$100m consumer loan ABS deals
Pass-through transactions were co-sponsored by Nelnet Bank
Edge Focus has closed two new pass-through deals backed by over US$100m cumulatively, in unsecured consumer loans, SCI h...
17 March 2026
-
-
-
News
-
-
SMEs drive SRT growth as lender base broadens
SME portfolios gain prominence in SRTs as lender diversification fuels growth and investor demand
SME portfolios are taking on a more prominent role in SRT transactions, as a broader range of lenders turns to synthetic...
17 March 2026
-
-
-
News Analysis
-
-
ABF leads private credit into 2026
Live polling highlights growing investor preference for ABF over traditional direct lending
Institutional investors have identified asset-based finance as the most attractive segment of private credit heading int...
17 March 2026
-
-
-
News Analysis
-
-
Andalusian locks US$200M facility from Goldman Sachs
Capital injection allows for expansion of middle market lending platform
Andalusian Credit Company has secured a US$200M revolving credit facility from Goldman Sachs. The facility will allow...
17 March 2026
-
-
-
News Analysis
-
-
Valori Capital eyes first deal close for Q2
Lux structured fund has so far raised €51m, targets asset-heavy opps in Europe
Valori Capital is looking to close its first deal in Q2, SCI has learned. The deal follows the fund's core structural...
16 March 2026
-
-
-
News Analysis
-
-
Latest SEC CLO clarification is another green light for the market
CLO-focused mutual funds and ETFs are in the clear amid concerns they may trigger SEC's 'fund-of-fun...
The SEC has cleared up potential confusion concerning its ‘fund-of-funds’ rule that should pave the...
16 March 2026
-
-
-
SRT Market Update
-
-
Middle Eastern SWF backs new SRT push
SRT market update
Christofferson Robb & Company (CRC) has secured a strategic investment from a subsidiary of Abu Dhabi Investment...
16 March 2026
-
-
-
Market Moves
-
-
Job swaps weekly: Deutsche Pfandbriefbank targets SRT, Macquarie hires
People moves and key promotions in securitisation
This week’s roundup of securitisation job swaps sees Deutsche Pfandbriefbank target SRT, while Austra...
13 March 2026
-
-
-
SRT Market Update
-
-
Will SRT spreads widen?
The debate over SRT pricing re-opens as CLOs cheapen
Spread widening in SRT is thought to be on the cards, but the movement may not be as significant or as immediate as many...
13 March 2026
-
-
-
News
-
-
Latest SRTx fixings released
Spreads tighten despite geopolitical uncertainty
The latest SRTx fixings for February 2026 point to sustained investor demand for SRT exposure, with spreads tightening a...
13 March 2026
-
-
-
News Analysis
-
-
SCI CLO 100: Market matures as equity returns compress and captive capital dominates
Struggling equity, bifurcation, and software risk were some important insights shared by managers an...
Last week CLO managers and investors gathered in London’s historic Plaisterer’s Hall in an event org...
13 March 2026
-
-
-
News Analysis
-
-
MFS collapse draws questions on legal protection implications
Private credit investors reel as allegations of 'double pledging' emerge
The fall of Market Financial Solutions (MFS) has caused a significant stir in the private credit world, as it marks the...
13 March 2026
-
-
-
News Analysis
-
-
Reckoner Capital moves into art lending with Athena veteran at the helm
New ceo Laura Damême on building Reckoner's art finance platform from the ground up
Reckoner Capital Management has long been known for its expertise in alternative credit. Now moving into the art-secured...
13 March 2026
-
-
-
News
-
-
SRT naming debate exposes industry push for clearer terminology
Industry participants seek clearer terminology as multiple labels emerge for bank risk transfer tran...
Market participants are revisiting how the rapidly growing market for bank risk transfer transactions should describe it...
13 March 2026
-
-
-
News
-
-
Fed's Bowman flags risk of capital rules driving credit beyond banks
Federal Reserve vice chair Michelle Bowman warns strict capital rules risk pushing lending outside b...
Federal Reserve vice chair for supervision Michelle Bowman has warned that excessive capital requirements risk pushing c...
13 March 2026
-
-
-
SRT Market Update
-
-
Uruguay opens a new frontier for CRT in Latin America
SRT market update
The International Finance Corporation (IFC) has executed a landmark CRT transaction in Uruguay, as part of its broader e...
12 March 2026
-
-
-
News Analysis
-
-
Recourse-light NAV lending signals a maturing market
Simpler deal terms and growing adoption are bringing NAV financing within reach of smaller fund mana...
The terms on which capital is provided in the NAV lending market are changing. Lenders are now moving away from...
12 March 2026
-
-
-
News
-
-
ABS spreads widen as Iran conflict tests market sentiment
Despite softer spreads and labour market concerns, primary issuance remains strong at $72.7bn year-t...
Geopolitical tensions and labour market uncertainty surrounded on the ABS market this week with spreads softening follow...
12 March 2026
-
-
-
News Analysis
-
-
AI underwriting, a new generation
Elliott Lorenz, CEO and co-founder of Edge Focus answers SCI's questions
As regulators increasingly scrutinise transparency in private credit transactions, Chicago-based Edge Focus is utilising...
12 March 2026
-
-
-
News
-
-
ABF Deal Digest: Royalty Pharma provides US$250m financing
A weekly roundup of private asset-backed financing activity
This week’s roundup of private ABF activity sees US-based healthcare fintech Nitra raise US$187m in new financ...
12 March 2026
-
-
-
News Analysis
-
-
Resilient borrowers and housing shortages shape EU mortgage market
AFME seminar in London points to strong UK RMBS performance, rising refinancing activity and structu...
Speakers at the Association for Financial Markets (AFME) in Europe’s UK and Dutch residential mortgage finance...
11 March 2026
-
-
-
News Analysis
-
-
SCI In Focus: Spain's CLN versus SPV debate revisited
Spain's CLN versus SPV debate resurfaces as practitioners argue structure matters less than investor...
As SRT volumes continue to expand across Europe, the debate over direct credit-linked notes (CLNs) versus SPV structures...
11 March 2026
-
-
-
News Analysis
-
-
BNP Paribas to be selective with CLO issuance in 2026 after US$4bn year
The firm will prioritise portfolio quality, liquidity and investor diversification in 2026
In the wake of nearly US$4bn in CLO issuance across its Adagio and Allegro platforms last year, BNP Paribas Ass...
11 March 2026
-
-
-
News Analysis
-
-
Increased CAS and STACR issuance mooted
US mortgage business hits highs in Q4
US mortgage business hit a 3.5 year high in Q4 2025, underpinned by increased refinancing, it was reported yesterday (Ma...
10 March 2026
-
-
-
News
-
-
PineBridge returns to European CLO market
Manager ends seven-year primary issuance hiatus as new European leveraged finance team leads deal pr...
PineBridge Investments has re-entered the European CLO market with the latest instalment in its Euro-Galaxy franchise, r...
10 March 2026
-
-
-
News Analysis
-
-
SCI In Focus: Middle East conflict clouds outlook for aviation ABS and global issuance
Escalating tensions test investor confidence in aircraft and Australian ABS markets as issuers asses...
Escalating military tensions in the Middle East are beginning to filter into the global credit markets, prompting struct...
10 March 2026
-
-
-
SRT Market Update
-
-
More details on US lender RV loans deal
US Bank to sell six unretained CLN tranches
The US Bank 144a CLN referencing RV and marine loans, reported by SCI on Friday, will price this week and is currently s...
9 March 2026
-
-
-
News Analysis
-
-
SCI In Focus: Insurance capital pushes deeper into Europe's SRT market
Insurers are expanding their role in Europe's SRT market, but questions remain over scale and struct...
Insurance capital is moving more visibly into Europe’s SRT market, driving new funded structures, sharper pric...
9 March 2026
-
-
-
Talking Point
-
-
International Women's Day: Finding my voice, one deal at a time
Jinisha Patel, partner at Cadwalader, argues that this year's IWD theme – 'give to gain' ̵...
When I entered the legal industry and started working in the structured finance space, there were very few women in the...
9 March 2026 Free
-
-
-
SRT Market Update
-
-
US lender with deal in offing
RV loans in portfolio
US Bank is in the market with a synthetic securitisation of a US$5bn portfolio of loans used to buy recreational vehicle...
6 March 2026
-
-
-
Market Moves
-
-
Job swaps weekly: CIFC names CLO heads and ABF run persists
People moves and key promotions in securitisation
This week’s roundup of securitisation job swaps sees CIFC Asset Management name its new global co-heads of CLO...
6 March 2026
-
-
-
SRT Market Update
-
-
Irish bank builds out SRT programme
AIB brings deal referencing PF loans
AIB Group has come to market with a third synthetic securitisation referencing a portfolio of project finance loans, SCI...
5 March 2026
-
-
-
SRT Market Update
-
-
US regional seeks the wides
Huntington sells first auto CLN of 2026
Huntington Bank, a now regular presence in the US synthetic market, has priced its first auto loan CLN of 2026 at eye-ca...
5 March 2026
-
-
-
News
-
-
Victory Park misses target for US$2.5bn ABF fund
Firm hits US$1bn, succumbing to a challenging fundraising environment
Victory Park Capital has fallen short of its US$2.5bn target for its second asset-backed finance fund, SCI has learned. ...
5 March 2026
-
-
-
News Analysis
-
-
CLO and ABS trends from SFVegas
Panellists discuss the CLO & ABS market at the annual SFVegas conference attended by SCI between...
In discussions held on the CLO market at SFVegas, one theme panellists agreed on is that liability costs and continued s...
5 March 2026
-
-
-
News
-
-
ABF Deal Digest: Marathon cuts US$615m aviation finance deal
A weekly roundup of private asset-backed financing activity
This week’s roundup of private ABF activity sees Marathon Asset Management close a US$615m aviation finance de...
5 March 2026
-
-
-
News
-
-
Pollen Street facilitates €100m ABF deal with Irish lender
SME Finance & Leasing Solutions supports core industries in Irish economy
Pollen Street Capital has closed a €100m ABF deal with non-bank Irish lender SME Finance & Leasing Solu...
5 March 2026
-
-
-
The Structured Credit Interview
-
-
Structural protections, prime mortgages and residential ABS
Adam Rizkalla, managing director at Canyon Partners answers SCI's questions
Q: Within residential mortgages today, where does Canyon see the highest risk-adjusted return, and how are factors like...
4 March 2026
-
-
-
SRT Market Update
-
-
Full-stack backing for Baltic ambition
SRT market update
Bigbank’s first synthetic securitisation with the European Investment Bank Group (EIBG) became effective this...
3 March 2026
-
-
-
News Analysis
-
-
Eyeing the Canadian ABF opportunity set
Ryan Dunfield, ceo at SAF Group, answers SCI's questions
SAF Group is preparing to launch its debut ABF fund, as reported by SCI earlier this month, targeting up to US$600m. The...
3 March 2026
-
-
-
News
-
-
Royal London AM launches second EU CLO
Hambridge CLO II is the largest CLO issued in Europe in the last year, according to the firm
Royal London Asset Management (RLAM) has priced its second-ever CLO in Europe, Hambridge CLO II. Worth &e...
3 March 2026
-
-
-
News Analysis
-
-
January European ABS sees strong technicals and carry-led performance
Resilient demand, tightening spreads and robust carry underpin a strong start to 2026 for European A...
The European ABS market opened 2026 against a backdrop of geopolitical tension, yet January delivered stable technicals,...
3 March 2026
-
-
-
News
-
-
Ares prices second European direct lending CLO
Ares looks to establish itself in the European middle-market CLO space with its second deal in under...
Ares Credit Funds, affiliates of Ares Management Corporation has priced its second European Direct lending CLO at over &...
2 March 2026
-
-
-
News Analysis
-
-
Data centres, energy security and the rise of hybrid finance
ABF and project finance merging to fund next wave of infrastructure
Project finance is at an inflexion point in 2026, according to the latest project finance report issued by business admi...
2 March 2026
-
-
-
Market Moves
-
-
Job swaps weekly: Fitch promotions and ABF moves lead busy week for securitisation
People moves and key promotions in securitisation
This week’s roundup of securitisation job swaps sees Fitch launching a new division in response to th...
27 February 2026
-
-
-
News Analysis
-
-
Great rotation quietly redraws SRT landscape
Monthly roundup of SRT market activity
Improving liquidity and early signs of portfolio ageing are increasingly feeding into secondary SRT market acti...
27 February 2026
-
-
-
SRT Market Update
-
-
A fresh Polish pulse stirs the SRT market
SRT market report
Bank Pekao is expected to approach the market with a landmark synthetic securitisation transaction this year, SCI has le...
27 February 2026
-
-
-
SRT Market Update
-
-
A discreet strengthening of Europe's SRT cycle
SRT market update
BNP Paribas is coming to market with a new SRT transaction referencing a €1.5bn portfolio of Lombard loans, SCI...
26 February 2026
-
-
-
SRT Market Update
-
-
Soft winds fill Japan's SRT sails
SRT market update
Mitsubishi UFJ Financial Group (MUFG) is close to finalising a synthetic securitisation referencing a corporate loan por...
26 February 2026
-
-
-
News Analysis
-
-
SCI In Focus: AI disruption tests SRT resilience as hidden risks build
AI disruption is challenging borrower resilience, while SRT structures may delay visibility of emerg...
Artificial intelligence is emerging as both a source of structural credit risk and a powerful monitoring tool, forcing l...
26 February 2026
-
-
-
News
-
-
ABF Deal Digest: Upstart enters US$200m forward flow with Wafra
A weekly roundup of private asset-backed financing activity
This week’s roundup of private ABF activity sees Upstart enter into a 12-month forward flow agreement with Waf...
26 February 2026
-
-
-
News
-
-
Northern Trust adds compliance and waterfall tools to CLO platform
Bolstered middle office services will help asset managers streamline workflows associated with manag...
Financial services firm Northern Trust has announced it is upgrading its Omnium technology platform with two new feature...
26 February 2026
-
-
-
News Analysis
-
-
Ex-Accunia exec delays plans for €100m CLO launch
Christian Grane halts launch after operational challenges setting up
Ex-Accunia pro Christian Grane has halted plans to launch a new CLO equity fund, SCI has learned. Grane Capital I was...
25 February 2026
-
-
-
News
-
-
Basel Endgame rewrite to ease capital, securitisation impact limited
Regulators are preparing a softer Basel Endgame rewrite, offering modest mortgage relief and limited...
US regulators are preparing a more industry-friendly rewrite of the Basel 3 Endgame capital framework, with modest mortg...
25 February 2026
-
-
-
Talking Point
-
-
Germany's clarified auction authority: a structural parameter within enforcement architecture
Dagmar Gold, managing partner at Deutsche Pfandverwertung, investigates why Section 383 BGB now matt...
Germany’s updated Section 383 BGB has now been in force for over a year. Only recently, however, has its opera...
25 February 2026
-
-
-
News Analysis
-
-
Willis Lease Finance bets big on aviation engine finance
US engine lessor partners with Blackstone and builds scaled third-party capital platform
Florida-based aircraft engine lessor Willis Lease Finance Corporation is reshaping itself by building an asset managemen...
25 February 2026
-
-
-
News Analysis
-
-
CLOs: Fourth-quarter data shows strengthening issuance amid reset wave and rising private credit activity - SCI Analytics
Inaugural SCI Analytics CLO quarterly report underlines structural evolution of middle market segmen...
The global CLO primary market surpassed US$600bn in gross supply last year, according to data compiled in the inaugural...
24 February 2026
-
-
-
News Analysis
-
-
Rising liquidity and PDs open door to secondary SRT plays
Early signs of stress in portfolios prompt investors to rotate capital
Early signs of stress in SRT portfolios appear to be prompting investors to rotate capital. Higher PDs in legacy buckets...
23 February 2026
-
-
-
News
-
-
Aero doubles target for US$1bn leasing fund
Aero Capital Solutions V to launch in H2 focusing on commercial aircraft
Aero Capital Solutions has set a US$1bn target for its next aircraft leasing fund, doubling its predecessor, SCI has lea...
23 February 2026
-
-
-
Market Moves
-
-
Job swaps weekly: Saluda Grade appoints industry veteran to expand ABF
People moves and key promotions in securitisation
This week’s roundup of securitisation job swaps sees an ABF veteran joining Saluda Grade and a senior departur...
20 February 2026
-
-
-
News Analysis
-
-
Saluda Grade taps Waterfall veteran for ABF expansion
Patrick Lo joins as co-cio to lead the firm's strategy, targeting prime borrowers in new sectors
Saluda Grade has tapped Waterfall Asset Management veteran Patrick Lo as its new co-cio, SCI has learned. New York-bas...
20 February 2026
-
-
-
News Analysis
-
-
Pure agri SRT yet to emerge
Despite growing investment needs, agriculture remains embedded within broader SRT portfolios rather ...
As Europe looks to strengthen food security, climate resilience and rural investment, agriculture is rising up the polic...
20 February 2026
-
-
-
News Analysis
-
-
Growing awareness expands opportunities in NAV pipelines
Increasing supply of debt capital helps shift focus to new products
Growing awareness of the availability of NAV capital is helping drive flows into new and seasoned products. As a tight...
20 February 2026
-
-
-
News
-
-
ABF Deal Digest: Morgan Stanley closes US$220m consumer loans deal
A weekly roundup of private asset-backed financing activity
This week’s roundup of private ABF activity sees Morgan Stanley close its first ABF transaction backed by cons...
19 February 2026
-
-
-
News
-
-
ABS market sees busiest week of 2026 with €4.4bn priced
J.P. Morgan cites tightening spreads across European RMBS, Spanish consumer ABS and UK auto deals
The international ABS primary market recorded its busiest week of 2026 to date, with €4.4bn priced across six t...
19 February 2026
-
-
-
News
-
-
CLO equity facing tougher tests in Q1 says Deutsche Bank
Higher liability costs and tighter loan spreads lead to seventh straight quarterly decline in CLO eq...
CLO equity investors are facing a more difficult arbitrage environment at the start of 2026, as elevated funding costs a...
19 February 2026
-
-
-
News Analysis
-
-
Funding Circle and Waterfall close £700m forward flow deal
Institutional appetite for SME credit holds firm
Funding Circle and Waterfall Asset Management have announced the closing of a £700m forward-flow commitment sp...
18 February 2026
-
-
-
News
-
-
Latest SRTx fixings released
European SRT market starts year on firm footing
The SRTx fixings for January 2026 point to a constructive start to the year, with spreads marginally firmer and liquidit...
18 February 2026
-
-
-
News Analysis
-
-
Orderbook elasticity reveals changing ABS pricing conditions in 2025
Investor demand drives pricing power across European ABS last year
The European ABS market experienced fluctuations in tone and momentum over the course of 2025, largely driven by shifts...
18 February 2026
-
-
-
News
-
-
UMB Bank closes US$400m BSL CLO warehouse, marking milestone expansion
Transaction represents a step in UMB's evolution from a private credit-focused administrator to a br...
UMB Bank’s corporate trust team has acted as collateral administrator on a US$400m broadly syndicated loan (BS...
18 February 2026
-
-
-
News
-
-
UK consultations call for streamlined securitisation rules
FCA and PRA focus on proportionality and flexibility
The UK FCA and PRA have published parallel consultation papers (CPs) on reforming the securitisation rules, building on...
17 February 2026
-
-
-
News
-
-
Banking watchdog flags rapid growth in SRTs
Global banking regulator highlights surging SRT market and calls for enhanced oversight
The Basel Committee on Banking Supervision (BCBS) has published a detailed analysis of SRT transactions, underscoring th...
17 February 2026
-
-
-
News
-
-
Ex-Sturgeon partner eyes H2 launch for NAV debut
Nodem Capital, led by Alexander Brandon, is closing its first deal next month
Nodem Capital is targeting US$200m for its inaugural NAV lending fund, SCI has learned. Nodem, founded in late 2024 by f...
16 February 2026
-
-
-
News Analysis
-
-
US BSL CLO BWIC hits $56bn led by triple-A supply
Poh-Heng Tan from CLO Research shares US BSL CLO market insights on manager-level BWIC activity (12-...
Over the last twelve months, according to SCI BWIC data, around US$56.2 billion of US BSL CLO tranches were placed on BW...
16 February 2026
-
-
-
SRT Market Update
-
-
EU lender unlocks additional bank financing
EIB backs European banks with capital relief and green guarantees.
The EIB Group has closed a €112m SRT transaction with BNP Paribas aimed at boosting lending to French...
16 February 2026
-
-
-
News
-
-
UK insurers to drive next wave of triple-A CLO demand
Solvency 2 tailwinds and ETF innovation expand investor access to senior CLO debt as Reckoner Capita...
UK insurers could emerge as a major new source of demand for triple-A and double-A CLO bonds as Solvency 2 reforms reduc...
16 February 2026
-
-
-
News Analysis
-
-
Eurazeo raises €175m for second maritime decarbonisation ABF fund
New launch builds on inaugural fund's success after raising €210m in 2021
Eurazeo has held the first close of its new maritime infrastructure fund, hitting €175m after just two months o...
16 February 2026
-
-
-
News Analysis
-
-
SRT goes mainstream as banks industrialise capital relief
Christophe Fritsch says the fast-growing SRT market is entering a structural phase
The SRT market has doubled in size since 2020, and its growth trajectory continues to accelerate rather than slow. &am...
16 February 2026
-
-
-
SRT Market Update
-
-
Iberian lender fires up SRT engine as pipeline expands
SRT market update
BBVA is planning to execute between 10 and 12 SRT transactions this year as part of a broader shift in its capital manag...
13 February 2026
-
-
-
Market Moves
-
-
Job swaps weekly: Nuveen acquires Schroders
People moves and key promotions in securitisation
This week’s roundup of securitisation job swaps sees Nuveen acquiring Schroders, which will initially operate...
13 February 2026
-
-
-
News
-
-
Floors and p-factors stir European SRT activity
Refinancing pressures and regulatory recalibration are steadily reshaping European SRT activity and ...
The European SRT market remains steady, with refinancing needs, output floors and regulatory recalibration driving selec...
13 February 2026
-
-
-
News Analysis
-
-
Litigation finance gains ground in Italy's structured credit market
EU directive and regulation reforms fuel investor appetite for the asset class
Litigation financing is emerging as a significant asset class in European structured credit markets, driven by regulator...
13 February 2026
-
-
-
Talking Point
-
-
Europe's expanding BNPL market could unlock new ABS issuance opportunity
Rapid e-commerce-driven growth supports long-term ABS potential, though soft underwriting and new co...
Buy-now-pay-later (BNPL) adoption is growing across Europe setting the stage for future securitisation growth, though cr...
13 February 2026
-
-
-
News Analysis
-
-
EIB opens a new valve in Europe's mortgage capital engine
EIB-backed LIDO deal demonstrates how mortgage portfolios can be structured to unlock meaningful cap...
The European Investment Banking Group (EIBG), formed by the European Investment Fund (EIF) and European Investment Bank...
13 February 2026
-
-
-
News
-
-
ABF Deal Digest: Medalist facilitates US$150m forward flow for Nada Holdings
A weekly roundup of private asset-backed financing activity
This week’s roundup of private ABF activity sees Nada Holdings, a real estate fintech company, enter into a US...
12 February 2026
-
-
-
SRT Market Update
-
-
MDB closes series of CRTs and SRTs across emerging markets
SRT market update
The IFC has completed four credit risk transfer (CRT) and synthetic securitisations (SRT) across emerging markets over t...
12 February 2026
-
-
-
News
-
-
Janus Henderson affiliates launch US$250m retail ABF fund
Privacore and Victory Park debut interval vehicle targeting private ABF
Janus Henderson affiliates Privacore Capital and Victory Park Capital have launched a registered interval fund focused o...
12 February 2026
-
-
-
Talking Point
-
-
Loan market bifurcation drives wider CLO portfolio dispersion
CLO market experts join SCI's webinar to discuss how managers and investors are navigating a divided...
Bifurcation in the leveraged loan market has become a defining theme for CLO participants over the past two years, prese...
11 February 2026 Free
-
-
-
News Analysis
-
-
SRT: Fourth-quarter data shows rising cross-border appetite - SCI Analytics
SRT quarterly report points to increasing relevance of North America
The SRT market continues to diversify geographically as new jurisdictions gradually emerge. While Europe remained the cl...
11 February 2026
-
-
-
News
-
-
Fern Ridge sets US$250m target for debut ABF fund
Led by ex-PAG pro Brandon Kufrin, will focus on specialty finance and SRTs
Fern Ridge Capital has set a US$250m target for its debut European asset-backed finance fund, SCI has learned. Fern Ri...
10 February 2026
-
-
-
News
-
-
BciCapital facilitates US$60m credit NAV facility
Credit line provided to 'mid-teens' manager, builds on rising demand for NAV solutions
BciCapital has successfully closed a US$60m net asset value (NAV) credit facility, SCI has learned. The facility was pro...
10 February 2026
-
-
-
News Analysis
-
-
Infrastructure CLOs move to the fore
Barings' debut points to repeat issuance as the infra CLO pipelines build this year
Infrastructure CLOs are emerging as an area of growing interest within the structured credit market, as managers and inv...
9 February 2026
-
-
-
News
-
-
ABF Deal Digest: Blackstone-owned Aypa secures US$1.5bn warehouse
A weekly roundup of private asset-backed financing activity
This week’s roundup of private ABF activity sees Blackstone-owned Aypa Power secure a US$1.5bn construction wa...
6 February 2026
-
-
-
Market Moves
-
-
Job swaps weekly: Barclays snaps up new global head of securitised products
People moves and key promotions in securitisation
This week’s roundup of securitisation job swaps sees Barclays appointing a New York-based global head...
6 February 2026
-
-
-
News Analysis
-
-
SRT surge is recalibrating banks' risk engines
IACPM's Leung highlights rigorous bank analytics and governance as SRT markets expand across investo...
Banks are deploying significant analytical discipline and regulatory oversight when executing SRT transactions, even as...
6 February 2026
-
-
-
News Analysis
-
-
SRT market walks regulatory tightrope
STS debates, capital reforms and leverage scrutiny are redefining the evolving SRT market landscape
Regulation is set to remain a defining force in the evolution of the SRT market, with capital reform implementation, hei...
5 February 2026
-
-
-
The Structured Credit Interview
-
-
Launching into RMBS
Cynergy Bank director of group treasury and FRM Nicholas Fuller speaks to SCI
After the recent close of its first securitisation, Cynergy Bank director of group treasury and FRM Nicholas Fuller sits...
4 February 2026
-
-
-
News Analysis
-
-
US CLO double-B BWICs show wide pricing dispersion
Poh-Heng Tan from CLO Research provides insights on US CLO double-B BWIC pricing - clear differentia...
Monday’s BWIC activity highlighted a wide dispersion in pricing across seasoned US CLO double-B tranches with...
4 February 2026
-
-
-
News
-
-
SAF eyes 2027 launch for standalone ABF fund
Strategy will integrate securitisations, whole loans and NAV loan structures
SAF Group is eyeing a 2027 launch date for a new standalone asset-backed finance fund, SCI has learned. The...
4 February 2026
-
-
-
SRT Market Update
-
-
Middle Eastern banks test the waters
SRT market update
Three major Middle Eastern banks are laying the groundwork for entry into the SRT market, SCI has learned. First Abu D...
3 February 2026
-
-
-
News
-
-
Australian auto ABS performance holds firm
Morningstar DBRS flags resilient arrears but notes rise in smaller, non-bank transactions
Australian auto loan ABS performance remained stable through 2025, with collateral metrics continuing to demonstrate sol...
3 February 2026
-
-
-
The Structured Credit Interview
-
-
Credit NAV, the next frontier
Steve Berry, head of credit NAV at NLC Capital Partners answers SCI's questions
NLC Capital Partners recently secured a cornerstone investor for its new NAV lending fund, as SCI reported last month, w...
3 February 2026
-
-
-
News Analysis
-
-
Heavy equipment lease ABS gains traction in Europe and Australia
Morningstar DBRS highlights increasing public market activity as large-ticket assets move beyond pri...
Heavy equipment lease ABS is beginning to emerge as its own distinctive segment of the structured...
2 February 2026
-
-
-
SRT Market Update
-
-
Europe's SRT pipeline starts to hum
SRT market update
German lender Commerzbank has lined up three new SRTs for its 2026 pipeline, SCI has learned, extending a rapid build-up...
2 February 2026
-
-
-
News Analysis
-
-
ABF becomes engine of growth for interval funds
Strategy drew US$19.3bn in 2025 with 57% YoY growth, a Gapstow report finds
Asset-backed vehicles have become the new engine of growth for alternative credit interval funds. ...
2 February 2026
-
-
-
News Analysis
-
-
Interpath consolidates securitisation capabilities under new global platform
New platform reflects rising complexity, cross-border execution and evolving diligence demands
Interpath’s recent launch of a global securitisation services (GSS) platform reflects a broader shift...
2 February 2026
-
-
-
SRT Market Update
-
-
Polish lender plans further SRT beyond plain-vanilla SME assets
SRT market update
mBank is weighing what would be its sixth synthetic risk transfer transaction as part of its capital strategy, SCI has l...
2 February 2026
-
-
-
SRT Market Update
-
-
EBRD closes in on inaugural SRT after record mobilisation year
SRT market update
The European Bank for Reconstruction and Development (EBRD) is positioning itself to issue its first significant risk tr...
2 February 2026
-
-
-
News Analysis
-
-
Fintech platforms riding wave of ABF partnerships
SCI data underlines prolific borrowing activity of consumer marketplace lenders
ABF partnerships are reshaping liquidity channels, with forward flow arrangements creating programmatic securitisation p...
30 January 2026
-
-
-
News
-
-
KBRA launches inaugural UK RMBS indices
New quarterly benchmarks track credit performance across prime, buy-to-let and non-conforming mortga...
Kroll Bond Rating Agency (KBRA) has launched its inaugural set of UK RMBS indices, SCI has learned, providing a...
30 January 2026
-
-
-
News Analysis
-
-
Steady on the surface, shifting underneath
SRT Market Roundup
The SRT market is maintaining steady momentum at the end of January, though the month was shaped less by headline issuan...
30 January 2026
-
-
-
News
-
-
Job swaps weekly: CVC acquires Marathon
People moves and key promotions in securitisation
This week’s roundup of securitisation job swaps sees CVC wholly acquiring Marathon, with senior Marathon manag...
30 January 2026
-
-
-
News
-
-
European SRT's next act is refinancing
European SRT issuance remains resilient as refinancing, funding pressure and structural caution resh...
As January draws to a close, market participants tell SCI that while European SRT issuance shows little sign of slowing...
30 January 2026
-
-
-
News
-
-
Ares provides fund finance for US$1.1bn HarbourVest secondaries vehicle
Firm partnered with Ares to capitalise fund with BXCI senior financing
HarbourVest Partners has held the final close of its new structured solutions secondaries fund, raising US$1.1bn. The fi...
30 January 2026
-
-
-
News
-
-
ABF Deal Digest: Pagaya facilitates US$720m forward flow for Sound Point
A weekly roundup of private asset-backed financing activity
This week’s roundup of private ABF activity sees Pagaya Technologies enter a forward flow agreement with Sound...
29 January 2026
-
-
-
News Analysis
-
-
Gravis Capital backs ABL growth with decarbonisation driving mid-market
Private credit to be shielded from geopolitical volatility and market uncertainty, says firm
Gravis Capital Management is betting that borrowers will increasingly turn to alternative lenders this year, driven by f...
29 January 2026
-
-
-
News Analysis
-
-
Rating agencies signal stability amid modest growth for ABS
Strong structures, stabilising arrears and selective issuance underpin a constructive view of global...
Looking ahead to 2026, rating agencies broadly maintain a constructive outlook for global ABS markets. Base-case expecta...
28 January 2026
-
-
-
The Structured Credit Interview
-
-
Deal efficiency, a one-stop shop
Jesse Miller, founder of Structured Execution, answers SCI's questions
Experienced structured finance and ABF attorney Jesse Miller this month launched Structured Execution, an advisory firm...
28 January 2026
-
-
-
News Analysis
-
-
Infrastructure moves to forefront of SRT investor focus
Infrastructure SRTs gaining attention globally, but investors remain selective on pricing, structure...
Infrastructure is moving up the agenda for SRT investors, as banks grapple with growing exposure to capital-int...
28 January 2026
-
-
-
News
-
-
ABS heads into 2026 resilient but fragmented across regions, says CSC
CSC highlights regional divergence, investor selectivity and operational complexity as ABS markets e...
The global ABS market is entering 2026 from a position of relative resilience, but with growing divergence acro...
27 January 2026
-
-
-
News
-
-
Lower-rated loan trading rises as CLO reset activity peaks
Extended reinvestment periods give managers more flexibility to trade lower-rated assets
CLO trading activity in lower-rated and distressed loans intensified in 2025, driven by record reset volumes and a large...
26 January 2026
-
-
-
Talking Point
-
-
Financing the AI revolution moves mainstream
Squire Patton Boggs lawyers Ranajoy Basu and Nathan Menon argue that data centre securitisation has ...
The demand for hyperscale data centres over recent years has significantly increased, driven primarily by AI technology...
26 January 2026
-
-
-
News Analysis
-
-
From core Europe to the fringes, SRT tests new ground
SRT is spreading beyond Western Europe, with CEE and Nordic banks quietly preparing for adoption
Significant risk transfer is no longer the exclusive domain of a handful of large Western European banks. While Europe r...
26 January 2026
-
-
-
The Structured Credit Interview
-
-
ABF fund in focus: Davidson Kempner closes second income fund
Firm's partners discuss US$1.1bn vehicle's strategy, investor base, and opportunities in underpenetr...
Davidson Kempner has closed its second global ABF fund at over US$1.1bn, exceeding its fundraising target and building o...
23 January 2026
-
-
-
Market Moves
-
-
Job swaps weekly: Squarepoint appoints industry vet to lead CLO platform
People moves and key promotions in securitisation
This week’s roundup of securitisation job swaps sees Squarepoint hiring an AXA Investment Managers veteran to...
23 January 2026
-
-
-
News Analysis
-
-
SCI In Conversation Podcast: Yerbol Orynbayev, independent consultant
We discuss the hottest topics in securitisation today...
In this episode of SCI in Conversation, US editor Simon Boughey speaks to Yerbol Orynbayev, an independent consultant fo...
22 January 2026
-
-
-
News Analysis
-
-
European ABS ends 2025 on strong footing as carry drives returns
Supportive technicals and high carry underpin optimism for a 2026 issuance rebound
The European ABS market closed 2025 on a constructive note, with asset managers pointing to tightening secondary spreads...
22 January 2026
-
-
-
News
-
-
Latest SRTx fixings released
SRT spreads steady as liquidity fuels secondary activity
Improving liquidity conditions increasingly underpinned stability in SRT spreads, with December 2025 SRTx fixings pointi...
22 January 2026
-
-
-
News
-
-
ABF Deal Digest: TPG, OneMain extend forward flow agreement to US$2.4bn
A weekly roundup of private asset-backed financing activity
This week’s roundup of private ABF activity sees TPG extending its forward flow agreement with OneMain Financi...
22 January 2026
-
-
-
News Analysis
-
-
Swiss asset manager backs Brazilian credit card receivables with US$200m
Draupnir Capital structures tokenised product to unlock access to Latin America's largest payments m...
BlackOpal, LATAM's emerging global payments finance platform has announced the launch of GemStone, its flagship institut...
22 January 2026
-
-
-
SRT Market Update
-
-
Singapore-based bank nears market with SRT deal
SRT Market Update
DBS Group Holdings is understood to be close to launching an SRT transaction, according to market participants. The Si...
22 January 2026
-
-
-
SRT Market Update
-
-
UAE bank in preliminary talks on possible SRT
SRT Market Update
BNP Paribas is understood to be advising an Abu Dhabi-based commercial fund on a potential transaction, according to mar...
22 January 2026
-
-
-
SRT Market Update
-
-
German banks line up US CRE SRTs after Aareal and PBB deals
SRT Market Update
Several German lenders are exploring SRT transactions backed by US commercial real estate portfolios, following the exec...
22 January 2026
-
-
-
SRT Market Update
-
-
Pan-European lender's consumer SRT sparks credit concerns
SRT Market Update
UniCredit is said to be testing investor appetite for a transaction linked to Italian consumer loans, with discussions u...
22 January 2026
-
-
-
News Analysis
-
-
CLOs drive record European securitisation issuance, further growth in 2026
Record 2025 supply and resilient performance underpin expectations for continued CLO-driven expansio...
CLOs’ share of the total European securitisation market grew in 2025 and is forecast to expand further in 2026...
20 January 2026
-
-
-
SRT Market Update
-
-
Slow start, building optimism
SRT Market Update
The European SRT market is showing early signs of revival after a relatively quiet start to the quarter, investors tell...
19 January 2026
-
-
-
News Analysis
-
-
2026 ABF outlook: Capital returns to Europe with infrastructure investments
Infrastructure investment and mega-partnerships to drive interest
US capital is expected to flow back into European infrastructure and private credit markets after years of domestic focu...
19 January 2026
-
-
-
News
-
-
Patrimonium targets €500m for new ABL fund
Middle Market Debt Fund III is eyeing German and Nordic investors
Patrimonium Asset Management is targeting €500m for the next iteration of its asset-backed lending fund, SCI ha...
19 January 2026
-
-
-
Talking Point
-
-
From capital to capacity
Riz Sheikh, head of portfolio and risk transfer solutions at BPL, highlights the importance of conne...
Global trade and investment flows are being shaped by a combination of familiar pressures – geopolitical fragm...
19 January 2026
-
-
-
SRT Market Update
-
-
Risk-sharing deal unlocks fresh lending for Italian companies
SRT market update
The EIB Group has struck a new synthetic securitisation deal with BNL BNP Paribas that is set to unlock &eu...
16 January 2026
-
-
-
Market Moves
-
-
Job swaps weekly: TwentyFour appoints two new partners
People moves and key promotions in securitisation
This week’s roundup of securitisation job swaps sees TwentyFour Asset Management naming two new partners from...
16 January 2026
-
-
-
News
-
-
Standard Chartered partners with Barings on investment-grade CLO fund
High-net-worth clients in a number of different regions can now gain exposure to investment-grade CL...
Standard Chartered has partnered with Barings to launch a new investment-grade (IG) CLO fund, the Signature Sel...
16 January 2026
-
-
-
SRT Market Update
-
-
European lender's inaugural US SRT breaks from traditional issuer motivations
A&M details how pbb's US SRT diverged from traditional issuance by supporting a portfolio wind-d...
New details from Alvarez & Marsal (A&M)’s latest case study reveal how Deutsche Pfandbriefbank...
16 January 2026
-
-
-
News
-
-
Janus Henderson launches new investment-grade CLO fund
The asset manager expands its CLO access suite with a global IG fund leaned toward triple-B risk for...
Janus Henderson has announced the latest addition to its securitised product suite with the launch of a global investmen...
16 January 2026
-
-
-
News
-
-
Galaxy closes debut tokenised CLO
Deal highlights convergence of traditional CLO structures and onchain credit infrastructure
Galaxy, a digital assets and data centre infrastructure firm, has completed an initial US$75m closing of its debut CLO,...
15 January 2026
-
-
-
News
-
-
NLC eyes US$1bn first close for new NAV lending fund
Timing pencilled in for H1 with anchor LP already identified
NLC Capital Partners is eyeing a US$1bn first close for its new credit NAV lending fund, SCI has learned. The fund, w...
15 January 2026
-
-
-
News Analysis
-
-
CLO equity buyers stay selective as repricing cycle shows little sign of easing
Poh-Heng Tan from CLO Research provides insights on post-trade US CLO equity BWIC analysis
On Tuesday, close to USD 200 million of US CLO equity tranches were offered on BWICs, with four majority stakes in circu...
15 January 2026
-
-
-
News
-
-
ABF Deal Digest: Elevex announces US$1bn forward flow agreement with TPG
A weekly roundup of private asset-backed financing activity
This week’s roundup of private ABF activity sees commercial equipment lender Elevex close on a US$1bn forward...
15 January 2026
-
-
-
News Analysis
-
-
Funded versus unfunded SRT: the debate the market can't dodge
Unfunded SRTs are on the rise, sparking debate over market distortion, investor risk and regulatory ...
As the SRT market pushes deeper into new banks, new assets and new jurisdictions in 2026, one debate is increasingly dom...
15 January 2026
-
-
-
News
-
-
BBB moves to open market access for challenger banks
UK government-owned economic development bank positions itself as a catalyst for investor access in ...
The British Business Bank (BBB) is gearing up for another active year, with plans spanning bank capital transactions, no...
15 January 2026
-
-
-
News Analysis
-
-
Lithuania's first securitisation sets green blueprint for Baltic markets
€163m apartment renovation deal backed by EBRD offers template for ESG transactions in emergin...
Lithuania's first public securitisation, which closed in December, is a landmark transaction not only for the Baltic cap...
14 January 2026
-
-
-
News
-
-
Patrimonium launches CRE partnership with Bayview
Incepted at €500m, loans structured with forward flow agreements
Patrimonium Asset Management has launched a new commercial real estate partnership with Bayview Asset Management. The as...
14 January 2026
-
-
-
The Structured Credit Interview
-
-
Steady performance and private market entrants fuel momentum for trade receivables securitisations
Jair Martinez, chief commercial officer at Finacity, speaks to SCI about the future of trade receiva...
Q: Can you give us some background on Finacity and what the firms does? A: Finacity has been operating for about...
13 January 2026
-
-
-
Market Moves
-
-
Job swaps weekly: Schroders makes senior securitisation and ABF hire
People moves and key promotions in securitisation
This week’s bumper roundup of securitisation job swaps – and the first roundup of 2026 &...
9 January 2026
-
-
-
News Analysis
-
-
European SRT outlook 2026: momentum holds
Europe's SRT market remains strong in 2026, but regulatory uncertainty and credit dispersion loom
After a record year for issuance, the European SRT market is entering 2026 with strong momentum, even as regulatory unce...
9 January 2026
-
-
-
News
-
-
Fair Oaks partners with BNPP for seventh European CLO
Aiming to raise €350m, with the vehicle set to go live in Q2
Fair Oaks Capital has partnered with BNP Paribas to open a new European CLO warehouse, SCI has learned. Fair Oaks Loan F...
8 January 2026
-
-
-
News
-
-
SEC issues 'No Objection' on CLO loan tranche classification
Commission assuages industry fears that it might end widespread industry practice allowing banks to ...
The US SEC has given the banking sector the greenlight on buying CLO loan tranches, confirming that the assets will...
8 January 2026
-
-
-
News
-
-
ABF Deal Digest: Willis Aviation Capital set to focus on third-party asset management
A weekly roundup of private asset-backed financing activity
This week’s roundup of private ABF activity sees Willis Lease Finance Corporation (WLFC) establishing a new di...
7 January 2026
-
-
-
News
-
-
Edelweiss fund raising for latest performing credit vehicle
Firm targeting US$1.5bn for Indian special opportunities
Edelweiss Asset Management is targeting US$1.5bn for its latest performing credit fund, SCI has learned. Edelweiss Speci...
7 January 2026
-
-
-
News Analysis
-
-
Muzinich expands European CLO Platform, eyes two deals in 2026
JPMorgan warehouse, conservative portfolio construction and partnerships underpin European push
Muzinich & Co is accelerating its European CLO expansion, in a bid to capitalise on an anticipated rise in new i...
6 January 2026
-
-