Benefits Canada published post-conference coverage from the 2025 Alternative Investment Conference, highlighting how institutional allocators are reassessing private credit risk through the lens of asset-based lending (ABL). Key considerations shaping portfolio decisions include: Senior, first-lien positioning with direct claims on collateral, reducing loss severity in downside scenarios. Continuous collateral underwriting via borrowing-base mechanics, enabling early risk detection and...

Credit events are an inevitable part of the private debt landscape, and for that reason, top credit managers will have extensive...

When selecting a private debt manager, credit risk management expertise is one of the key characteristics you should look for. Credit...