Weekly Issue Archive
News Analysis
Asset-Backed Finance
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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 pressure and questions about its resilience to stress. Squire Patton Boggs recently published an outlook on the...
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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: the Nordic SRT market is no longer nascent, but remains structurally constrained. Growth is happening quietly but decisively, yet sc...
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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 to deepen the UK SME securitisation market, encourage new issuers and broaden investor participation. The bank participated in...
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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 amid persistently high interest rates. Although early 2026 showed signs of improving economic conditions, including easing infl...
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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 financing at Enpal, about building Europe's first residential solar ABS programme in Germany. He explains why distributed home energy sys...
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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 investors as it looks to broaden its capital base beyond the high-net-worth individuals who have traditionally funded the market. ...
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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 review of the EU Securitisation Regulation (SECR), advancing a reform long seen as critical to unlocking bank lending capacity acros...
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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. Meanwhile, Finacity and MUFG have arranged a US$175m trade receivables deal, while ABL veteran Amity Mercado launches Count...
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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 embrace risk transfer than peers in the UK, France or Italy – the likely byproduct of st...
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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 investors. The LibreMax Asset-Backed Income Fund (LMIFX), launched on 1 May, and is cornerstoned by a large Midwest public pension,...
SRT Market Update
Capital Relief Trades
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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 PGGM anchoring a mezzanine tranche that is partially syndicated to insurers, SCI has learned. The transaction references a diversi...
News
CLOs
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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 investing in European leveraged loans and structured credit products. The platform has secured more than €140m in CLO equity c...
Market Moves
Asset-Backed Finance
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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 Campbell Lutyens, with each entity contributing a co-ceo to the resulting and newly renamed subsidiary, Lazard CL. Elsewhere, Gem...
