African Development Bank prices landmark $1 billion SRT
The market for significant risk transfer (SRT) deals has taken another step forward with a first-of-its-kind deal, which has been originated by the African Development Bank

Italian bank completes SRT with European Investment Fund support
Banca Popolare di Bari has constructed a €174.5 million significant risk transfer (SRT) deal, which features a vertical risk sharing mechanism

High profile figure in SRT market leaves Nomura in London
A well known figure in the significant risk transfer (SRT) space has parted company with Nomura in London, sources say.

New rules encourage growth in blossoming risk sharing market
Significant risk transfer deals have generally been issued towards the end of the year – but the first quarter of 2018 has opened with a flurry of deals across primary and secondary markets

Standard Chartered plans refocused SRT return
One of the biggest issuers of significant risk transfer (SRT) deals is returning to the market

Dedication pays off in risk sharing
Fund managers are pitching dedicated CRT funds to institutional investors as market hits €75 billion in 2017 and US banks start to take notice. By Sayed Kadiri

Chorus launches third credit fund for reg cap strategy
Reg cap specialistChorus Capital has launched its third credit fund, according to SEC filings seen by Creditflux

Cairn works reg cap and eyes another fund launch
Cairn Capital’s regulatory capital relief business is up and running, with the firm closing its first deals late last year

Cairn moves into reg-cap after key hire
London-based Cairn Capital has taken its first steps into the regulatory capital market, according to market sources

Barclays buys protection on $1.6 billion global credit portfolio
Barclays has completed a new reg cap trade, according to a recent ratings announcement by DBRS

Reg cap trades spawn a secondary market, but not as we know it
It’s small, and at its early stages, but a secondary market is emerging for risk transfer deals

Popular shortlists Apollo, Oaktree, BAML and Bain for rapid NPL sale
Spain’s Banco Popular is in talks with Apollo, Oaktree, Bank of America Merrill Lynch and Bain Capital about selling a portfolio of non-performing loans, according to Spanish newspaper Expansión

Pimco to "do what banks can't do" with multi-billion dollar credit fund
Pimco is in the market with a new private credit fund, which could potentially exceed $5 billion, according to market sources

Axa IM invests in Bank of Ireland balance sheet trade
Axa Investment Managers continues to be active in reg-cap trades

Pension fund backs Apollo with $200 million for new European credit fund
Apollo Global Management is looking to raise around $3.5 billion for a new credit fund which will look to purchase non-core assets off the books of European banks

Europe’s reg cap market surges
The volume of risk transfer trades exploded in 2015

Investors eye new credit funds amid overhaul in synthetic securitisation
True-sale structures may take over in reg cap market

Reg-cap specialist launches new fund as banks prepare to offload risk
A manager regarded as a dominant player in regulatory capital trading is preparing a new fund

Credit risk transfer is set to spread to new countries, conference hears
Investors expect to see banks in a growing number of European countries launch risk-transfer trades to improve their regulatory capital

Broker United First hires former SocGen trader for reg cap business
Brokerage firm United First Partners has announced that it has hired former Societe Generale trader Pascal Marionneau to head up a credit solutions business