Research Coverage

Research Coverage

Private Credit Research Coverage

Direct Lending

U.S. Direct Lending

  • Senior
  • Opportunistic
  • LMM (sponsored) 
  • LMM (non-sponsored)
  • Private BDCs
  • Industry Focused
  • Revolvers

European Direct Lending

  • Senior
  • Opportunistic
  • LMM
  • Country-Specific Funds

Emerging Markets Lending

  • Asian
  • African
  • CEE/Middle East
  • Latin American
  • Pan-EM

Global Direct Lending

Distressed Debt & Special Situations

Corporate Distressed

  • Stress / Distressed Trading
  • Influence / Control
  • Diversified Distressed

Opportunistic Structured Credit

  • 3rd Party CLO Equity
  • Captive CLO Equity
  • CLO Debt
  • CLO Multi
  • Consumer ABS
  • CMBS/CRE
  • Esoteric ABS
  • European Structured Credit
  • RMBS
  • Structured Credit Multi-Sector

RealEstate Distressed

NPLs

Capital Solutions

PC Special Situations

Distressed for Control

Specialty Finance

Consumer & SME Lending

  • Marketplace Finance
  • Lender/Platform Finance

Regulatory Capital Relief

Music/Film/Media Royalties

Oil & Gas Minerals Royalties

Metals Royalties

Healthcare Lending & Royalties

  • Healthcare Lending 
  • Healthcare Royalties

Venture Lending

Insurance Linked Credit

  • Diversified
  • Life Insurance
  • Non-Life

Litigation Finance

  • Litigation Finance
  • Merger Appraisal Rights

PE Portfolio Finance

Stretch ABL

Rediscount Lending

Diversified Specialty Finance

Real Estate Credit

U.S. CRE Core Lending

U.S. CRE Transitional Lending

  • Large Loan
  • Middle Market
  • Small Balance
  • Opportunistic

U.S. CRE Bridge Lending

  • Large Loan
  • Middle Market
  • Small Balance

European CRE Lending

  • Bridge
  • Transitional
  • Core

Emerging Markets CRE Lending

CRE Structured Credit

  • Agency CRE B-Piece
  • Non-Agency CRE B-Piece

Residential Mortgages

  • Residential NPLs
  • Single Family Rental
  • Mortgage Servicing Rights
  • Residential Origination

Real Assets Credit

Infrastructure Lending

  • Senior Focus
  • Sub-IG Focus
  • Mezz Focus 

Energy Credit

  • Energy Lending
  • Energy Mezzanine Lending
  • Opportunistic

Trade Finance

Metals & Mining Finance

Agricultural Credit

Transportation

  • Aviation Lending
  • Maritime Lending
  • Road & Rail Lending
  • Transportation Lending (Multi)

Mezzanine

U.S. Mezzanine

  • Upper Middle Market
  • Middle Market
  • Lower Middle Market

European Mezzanine

Structured Equity

  • Micro < 200 million
  • Small 200-500 million
  • Mid 500-1 billion
  • Large 1-3 billion
  • Mega > 3 billion

Private Equity Research Coverage

Buyouts

Geographic Focus

  • Global Buyout
  • North American Buyouts
  • European Buyouts 
  • Asian Buyouts
  • Emerging Markets Buyouts

Deal Strategies

  • Traditional Buyout
  • Buy & Build
  • Carve Outs
  • Recapitalizations
  • Expansion
  • Take Privates
  • Long Duration
  • PIPE
  • Turnarounds

Market Cap Focus

  • Lower Middle Market
  • Middle Market
  • Upper Middle Market
  • Large
  • Mega

Industry Scope

  • Industry Specialist
  • Generalist

Venture Capital

Stage Focus

  • Early Stage VC
  • Late Stage VC
  • Multi Stage VC

Industry Scope

  • Industry Specialist
  • Generalist

Geographic Focus

  • North America
  • Asia & Pacific
  • Europe
  • Global/Other

Growth Equity

Geographic Focus

  • Global Growth Equity
  • North American Growth Equity
  • European Growth Equity
  • Asia Growth Equity
  • Emerging Mkts Growth Equity

Mezzanine

Strategies

  • US Mezzanine
  • European Mezzanine
  • Structured Equity 

Distressed for Control & Special Situations 

Strategies

  • PE Special Situations
  • Distressed for Control
  • Corporate Distressed
  • Real Estate Distressed
  • Capital Solutions

GP Stakes

Strategies

  • Portfolio
  • Single GP

Private Equity Secondaries Funds

Strategies

  • PE Secondaries Fund
  • PE Secondary Port. Purchase

Geographic Focus

  • North America
  • Asia & Pacific
  • Europe 
  • Global/Other

Private Equity Fund-of-Funds

Portfolio Focus

  • Buyouts
  • Venture Capital
  • Diversified
  • Emerging Managers
  • Lower Middle Market: < 1 billion
  • Middle Market: 1-3 billion
  • Upper Middle Market: 3-5 billion 
  • Large: 5-10 billion
  • Mega: > 10 billion

Hedge Fund Research Coverage

Long / Short Equity

Opportunistic

Fundamental Growth 

Fundamental Value

Low Net

Specialist

  • Consumer 
  • Financials 
  • Healthcare 
  • Natural Resources
  • Real Estate
  • TMT

Event Driven

Event and Merger

  • Debt & Equity
  • Equity/Merger Focus
  • Event & Merger
  • Hedged

Event Credit

  • Event Credit
  • Financial Credit
  • Process Driven Distressed
  • High Yield & Distressed

Activist

Relative Value

Long/Short Credit

  • Convertible Arbitrage
  • Credit Trading
  • Low Net Credit
  • Multi-Asset Class RV

Structured Credit

  • Commercial Real Estate
  • Corporate Structured Credit
  • Diversified Structured Credit
  • Residential Structured Credit

Fixed Income Arbitrage

  • G10 Fixed Income Arbitrage
  • Mortgage Derivative RV

Insurance Linked

  • Diversified Insurance
  • Life Insurance Linked
  • Non-Life Insurance Linked

Quantitative Strategies

  • Diversified Quant Strategies
  • Fundamental Market Neutral
  • Statistical Arbitrage

Volatility

Digital Assets

  • Market Neutral Digital Assets
  • Diversified Digital Assets
  • Digital Assets Multi-Strategy
  • Digital Assets
  • Blockchain

Tactical Trading

CTA

  • Diversified
  • Short Term
  • Trend Following

Active Commodities

  • Commodities L/S
  • Long-Biased Commodities
  • Relative Value Commodities

Global Macro

  • Asia Macro
  • G10 Macro
  • Emerging Markets Macro
  • Systematic Macro

Risk Mitigators

  • Short-Biased Credit
  • Short-Biased Equity
  • Tail Risk

Multi-Strategy

Relative Value Multi-Strategy

  • Non-PT RV Multi-Strategy
  • Pass Through RV Multi Strategy

Multi Risk Premia

  • Multi Risk Premia

Asia Multi-Strategy

  • Asia Multi-Strategy

Directional Multi-Strategy

  • Directional Multi-Strategy
  • Micro < 200 million
  • Small 200-500 million
  • Mid 500-1 billion
  • Large 1-3 billion
  • Mega > 3 billion

Infrastructure & Natural Resources Research Coverage

Infrastructure

Diversified Infrastructure

  • Diversified
  • Energy
  • Transportation
  • Communications
  • Social
  • Renewables
  • Logistics
  • Water

Oil & Gas Midstream

  • Gathering and Processing
  • Storage
  • Rail, Trucking, Barges
  • LNG
  • Long-haul pipelines
  • Diversified

Power

  • Diversified
  • Conventional 
  • Renewable
  • District Heating
  • Transmission & Distribution 

Renewables

  • Solar
  • Wind 
  • Battery Storage
  • Hydro
  • Biogas
  • Clean Technology
  • Diversified
  • Utility Scale
  • C&I
  • Residential
  • Offshore Wind

Transportation

  • Air
  • Marine
  • Parking
  • Roads
  • Rail
  • Diversified

Communications

  • Data Centers
  • Towers
  • Fiber
  • Small Cells
  • Spectrum 
  • Diversified 

Social

  • Government
  • Education
  • Healthcare
  • Economic 
  • Cultural & Recreational 
  • Diversified

Natural Resources

Agriculture

  • Agribusiness
  • Farmland
  • Indoor Farming
  • Permanent Crops
  • Ranchland
  • Diversified

Water

  • Desalination
  • Waste Water Treatment
  • Water Rights
  • Diversified

Mining & Minerals

  • Base Metals
  • Bulk Commodities
  • Precious Metals
  • Rare Earths
  • Diversified

Timber

  • Natural Forests
  • Timber Plantations
  • Diversified

Oil & Gas

  • Upstream
  • Downstream
  • Services
  • Diversified Oil & Gas

Real Assets Credit

Infrastructure Lending

  • Senior Focus
  • Sub-IG Focus
  • Mezz Focus

Energy Credit

  • Energy Lending
  • Energy Mezzanine Lending
  • Opportunistic

Trade Finance

Metals & Mining Finance

Agricultural Credit

Transportation Credit

  • Aviation Lending
  • Maritime Lending
  • Road & Rail Lending
  • Transportation Lending (Multi)

Real Assets Multi-Manager

RA Secondaries Funds

RA Fund-of-Funds

RA Co-Investments Fund

Specialty Finance

Metals Royalties

Oil and Gas Minerals & Royalties

Healthcare Royalties

  • Healthcare Lending
  • Healthcare Royalties

Music/Film/Media Royalties

Tactical Trading

Active Commodities

  • Commodities L/S
  • Long-Biased Commodities
  • Relative Value Commodities
  • Lower Middle Market: < 1 billion
  • Middle Market: 1-3 billion
  • Upper Middle Market: 3-5 billion 
  • Large: 5-10 billion
  • Mega: > 10 billion

Real Estate Research Coverage

Real Estate Private Equity

Primary Property Type

  • Data Centers
  • Diversified
  • For-Sale Residential
  • Hospitality
  • Industrial
  • Land
  • Life Sciences/Lab
  • Medical Office
  • Multifamily
  • NNN
  • Office
  • Other
  • Parking
  • Retail
  • Self Storage
  • Senior Living
  • Single-Family Rental
  • Student Housing

Risk Profile

  • Core
  • Core+
  • Value-Added
  • Opportunistic

RE Strategy Details

  • Property-Type Focused
  • Develop to Hold
  • Develop to Sell
  • Property Technology (PropTech)
  • Operating Companies
  • GP Fund

Manager Profile

  • Direct Operator
  • Allocator
  • Hybrid

Geographic Focus

  • Global
  • North America
  • Europe
  • Asia-Pacific
  • Latin America

US Regional Focus

  • National
  • East
  • Midwest
  • South
  • West

Real Estate Public Markets

Public Markets

  • Active
  • Passive / Index

Geographies

  • Global
  • North America
  • Europe
  • Asia-Pacific
  • Latin America

Real Estate Credit

U.S. CRE Core Lending

U.S. CRE Transitional Lending

  • Large Loan
  • Middle Market
  • Small Balance
  • Opportunistic

U.S. CRE Bridge Lending

  • Large Loan
  • Middle Market
  • Small Balance

European CRE Lending

  • Bridge
  • Transitional
  • Core

Emerging Markets CRE Lending

Residential Mortgages

  • Residential NPLs
  • Single Family Rental
  • Mortgage Servicing Rights
  • Residential Origination
  • Micro < 200 million
  • Small 200-500 million
  • Mid 500-1 billion
  • Large 1-3 billion
  • Mega > 3 billion

As of March 31, 2022. Coverage by geography and fund size is representative of the universe of investment programs (where a program is defined as a group of funds managed by the same manager which pursue a similar investment strategy, leverage, and/or investor pooling) on which Aksia has conducted due diligence (IDD, ODD, or Insight Report) and is not representative of the asset class as a whole.

Each investment program is uniquely counted in its primary asset class (e.g., real estate credit funds are included in the private credit asset class coverage figures only).