IT lending

SoundPoint purchases HVAC loan unit

Alternative asset manager SoundPoint Capital Management LP has reached agreement to buy US direct lending arm of CVC Capital Partners, HVAC -0.26% according to a person familiar with the matter. The planned purchase would triple the size of SoundPoint’s direct lending assets to around $ 1.5 billion, helping the New …

Read More »

Banks are waiting for a catalyst: loan growth

Illustration by Ben Mounsey-Wood Text size Loan growth has been difficult for banks to achieve, but it could be the catalyst for their next surge. Banks were one of the hottest sectors in 2021, with the SPDR S&P Bank exchange-traded fund (ticker: KBE) up 31.7% year-to-date. The gain, 20 percentage …

Read More »

Mortgage credit explodes | Esperance Express

New home loans rose 3.7% in April to a new record high of $ 31 billion. The value of new investor housing loans rose 2.1% to $ 8.1 billion in April, the highest level since mid-2017, the Australian Bureau of Statistics reported on Friday. The value of new home owner …

Read More »