What’s direct lending? Old-fashioned bank lending, just without the bank. As tougher regulations have reshaped the post-financial crisis landscape, traditional banks have cut back on business lending. That’s created an opportunity for a growing group of asset managers who are making loans to mid-market companies. For investors, it’s an increasingly popular answer to low-yield woes. Some companies big enough to tap the syndicated debt market are choosing direct lending instead.
The $2.7 billion hedge fund firm experienced the largest losses from credit bets in its history, leading to a 3.1 percent loss this year through August in its flagship fund, according to the letter seen by Bloomberg. The New York-based company instead plans to devote more resources to its quantitative business and add to macro bets, which it says has been the most profitable strategy within its fixed-income and currencies group in 2017. A spokesman for Hutchin Hill declined to comment.
Goldman Sachs Group Inc. could rack up some quick gains from Toys “R” Us Inc.’s rapid unraveling. The bank was buying derivatives in recent days that will pay off now that the retailer has filed for bankruptcy. Goldman Sachs snagged the swaps just as they were starting to spike, when few others were expecting the company to file for bankruptcy imminently, according to people familiar with the matter.
Muck Rack makes it simple to find people, tweets, or articles that mention any name, keyword, company, hashtag etc. We've compiled this guide to help you make the most of your search.
Selecting a term
Start searching tweets, articles from media outlets, articles mentioned in tweets, journalists'
names, titles and bios with some suggested searches:
Companies or Topics (e.g. iPhone, Microsoft)
Phrases (e.g. "cloud computing") — use quotes to keep the terms together
Twitter handles (e.g. @username) — returns those who have mentioned or replied to
Names (e.g. "David Pogue")
Hashtags (e.g. #sxsw, #london2012)
Bio details (e.g. vegan, Olympics, father)
Muck Rack's Advanced Search allows for many boolean operators.
Find results that mention multiple specified terms, use AND or
+. For example, ensure each result contains both Elon Musk and Mark Zuckerberg by
searching Obama AND Romney or Obama + Romney.
Use the operators OR or , to broaden your search when you'd like either of
multiple terms to appear in results. (This is the default behavior of our search when no operators
are used.) For example, search for democrat OR republican to find results that refer to
Democrats and/or Republicans.
Use NOT or - to subtract results from your search. For
example, searching Disney will yield results about the Walt Disney Company as well as Walt Disney
World Resort. To exclude mentions of Disney World, search for Disney -World or Disney
When using one of these operators with a phrase, enclose it in quotation marks. For example, you can
find results about smartphones excluding Apple's iPhone 4S by searching smartphone -"iPhone
Exact case matching or punctuation
If you're searching for a brand name or keyword that relies on specific punctuation marks or capitalization, you can
find results that match your exact query by adding matchcase: before the keyword you're searching for, like matchcase:E*TRADE .
Use parentheses to separate multiple
boolean phrases. For example, to find journalists talking about having fun in Disney World or
Disneyland, search for ("disney world" OR disneyland) AND fun.
An asterisk can be used to search for any variation of a root word truncated by the asterisk. For example, searching for admin* will return results for administrator, administration, administer, administered, etc.
A near operator is an AND operator where you can control the distance between the words. You can vary the distance the near operation uses by adding a forward slash and number (between 0-99) such as strawberries NEAR/10 "whipped cream", which means the strawberries must exist within 10 words of "whipped cream".