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The problem of duelling credit default tallies

Whether the trend is up or down – and by how much – depends on who’s counting and with what data.

US investors sharpen monitoring of private credit managers

During a PEI Group webinar, private debt LPs outline how they are responding to market volatility and growing dispersion of manager performance, with some increasingly wary of the sponsored direct lending space.

The dangers of being dogmatic about PIK

While some consider payment-in-kind’s origin to be a determinant of eventual outcomes, there are pitfalls in the prevailing logic.

LGT Capital Partners launches debut credit secondaries strategy

The Switzerland-headquartered manager will seek to invest in LP-led, GP-led and opportunistic deals with an emphasis on senior lending, Secondaries Investor understands.