Private Credit

Differentiated private debt solutions across varying risk-return profiles

Our private credit capabilities leverage our fixed-income talent alongside that of our strategic partners. We manage specialized debt strategies, including asset-backed lending and specialty finance, as well as strategies that access private investments in emerging markets.

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Insights


Handyman tool kit on black wooden table. Many wrenches and screwdrivers, pilers and other tools for any types of repair or construction works. Repairman tools set

High yield bonds: Tools to potentially enhance returns during tight spreads

Are tight spreads justified and what tools can potentially help enhance returns?

Chart showing discount margin on European leveraged loans index between January 2025 and October 2025. It shows three lines, an orange line representing low beta loans, a grey line representing high beta loans and a blue line representing stressed loans. The vertical axis shows the discount margin ranging from zero to 18%, while the horizontal axis shows the dates from Jan 2025 to Oct 2025. The low beta line is rangebound around 4%, high beta is rangebound around 6% although there is a small spike up to almost 8% around 'Liberation Day' in April. The stressed line ranges from around 10% in February up to more than 15% in September.

Chart to Watch: Bifurcation in the loan market

Exploring the dispersion in the loan market.

Non-Agency Residential Mortgage-Backed Securities: A U.S. securitized products primer

What are non-agency residential mortgage-backed securities (RMBS), and how might they play a role in investors’ portfolios?

Institutional Insights


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