Alternative Investments
Leverage on Leverage: The Hidden Risk in Rated CFO and CLO Structures
TL;DR: Rated collateralized fund obligations (CFOs) now let insurers and other buyers hold a AAA-rated slice of a private credit fund that is already borrowing against its own portfolio through
Jeff Barnes, MBA··13 min read
Private Equity
Bain Capital India Insurance: PE's Emerging Markets Financial Services Play
According to Economic Times reported , the following analysis reflects current market conditions and publicly available data. Private Equity Bain Capital's India Insurance Bet: PE's Play on Emerging Markets Financial…
Jeff Barnes, MBA··12 min read
Alternative Investments
Private Credits $2 Trillion Insurance Bet: What Accredited Investors Need to Know About the Risks Regulators Are Watching
TLDR: U.S. life insurers have quietly moved $2 trillion in policy liabilities into offshore and captive reinsurance structures stuffed with private credit assets. Treasury Secretary Scott Bessent call
Jeff Barnes, MBA··11 min read