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		<category>Chapman Insights</category>
		<title>NAIC’s Proposed Bond Definition: Application to Rated-Debt Feeder Funds</title>
		<link>https://www.chapman.com/publication-10025.html</link>
		<description><![CDATA[ The NAIC&rsquo;s multi-year process of modifying its accounting rules to confirm which debt instruments qualify as bonds for regulatory accounting purposes is of interest to insurance companies that use rated notes issued by feeder funds to facilitate their investments in private credit funds. This Chapman Insights article addresses the scope and current status of those modifications and the impact of those modifications on such rated notes. ]]></description>
		<pubDate>Mon, 28 Nov 2022 09:00:00 -0500</pubDate>
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		<title>Rated-Debt Feeder Structure: NAIC Regulatory Accounting Treatment</title>
		<link>https://www.chapman.com/publication-9998.html</link>
		<description><![CDATA[ As originally discussed in our 2019 Action Item, the continuing, low interest rate environment has caused many insurance companies to turn to private credit funds to diversify their credit portfolios and increase their returns. Private credit funds that offer insurance companies the opportunity to participate in their funds indirectly through a rated-debt feeder fund structure provide insurance companies an opportunity to lower their risk-based capital requirements when compared with investing directly in such credit funds. As discussed in our 2021 Chapman Insights, investing in private credit funds through a rated-debt feeder structure is not without legal complexities, but many insurance companies have found those complexities to be worth the regulatory capital relief that may be available by investing through a rated-debt feeder structure. ]]></description>
		<pubDate>Thu, 13 Jan 2022 09:00:00 -0500</pubDate>
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		<title>Screening for ESG Criteria in Lending and Investment Transactions</title>
		<link>https://www.chapman.com/publication-1236.html</link>
		<description><![CDATA[ Lenders and investors are taking different approaches to building ESG portfolios based on the entity&rsquo;s own preferences and values. However, one widely used tool involves screening of select assets or transactions that align with those values. ]]></description>
		<pubDate>Mon, 13 Sep 2021 09:00:00 -0400</pubDate>
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		<title>U.S. Commits to Cutting Carbon Emissions in Half by 2030</title>
		<link>https://www.chapman.com/publication-1226.html</link>
		<description><![CDATA[ At today&rsquo;s Earth Day Climate Summit, President Joe Biden announced to world leaders that the United States is committed to cutting its greenhouse gas emissions by 50% to 52% from 2005 levels by 2030.  ]]></description>
		<pubDate>Thu, 22 Apr 2021 09:00:00 -0400</pubDate>
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		<category>Chapman Insights</category>
		<title>Loan Associations Publish Social Loan Principles</title>
		<link>https://www.chapman.com/publication-1224.html</link>
		<description><![CDATA[ Last week the Loan Syndications and Trading Association, the Loan Market Association, and the Asia Pacific Loan Market Association jointly published their first ever Social Loan Principles. ]]></description>
		<pubDate>Tue, 20 Apr 2021 09:00:00 -0400</pubDate>
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		<title>ESG Investing to Continue Growth in 2021 Under Biden Administration</title>
		<link>https://www.chapman.com/publication-1216.html</link>
		<description><![CDATA[ Environmental, Social and Governance investing in the United States has reportedly reached an estimated $250 billion in assets under management and is expected to see continued growth in 2021 and beyond.&nbsp; ]]></description>
		<pubDate>Tue, 02 Mar 2021 09:00:00 -0500</pubDate>
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