Evolving Opportunities in the
SRT Market

Structural evolution, diversification & competition reshaping the SRT landscape

We examine key market developments and emerging trends across the SRT landscape, and analyze how investors can continue to execute, monitor, and manage SRT investments effectively amidst these evolving market dynamics. In this first joint update from Oxane Partners and Credit Benchmark, we cover:

• Structural trends including CLN vs SPV structures, funded and unfunded approaches, tranche preferences, and various amortization and replenishment pool models.
• Reference portfolio composition beyond corporate loans into real estate, SME loans, CLOs, subscription line and multi-jurisdictional pools as well as the nuances of blind and disclosed pools.
• Competitive dynamics on the investor side and how investors can find competitive advantages.
• Growth in the US SRT market, structural differences in trades in the US, and the outlook on issuances including regional bank participation.

Download our full report to discover these developments in depth and leverage market insights, expertise and data to make more informed decisions about both existing investments and new opportunities.