EthiFinance Ratings releases its new Debt Investment Fund (DIF) Rating Methodology 

EthiFinance Ratings has developed and released its Debt Investment Fund (DIF) Rating Methodology, which details the process by which the agency assigns ratings to the debt issued either by a master fund (MF) holding the underlying loans, or by its corresponding feeder fund, which invests in the MF as a limited partner (LP). 

In both cases, the rated debt is secured by the underlying loans held by the MF. The issuing vehicle may adopt different legal forms, such as a special purpose vehicle (SPV) or a designated activity company (DAC), among others. 

The new methodology is available on EthiFinance Ratings’ website under the Methodologies section.