Amy Carroll
Institutional investors are increasingly flocking to royalties strategies as predictable cashflows top investment agendas.
Continuation vehicles present an interesting opportunity for fund finance, but concentration risk and a reluctant investor base pose a challenge.
The growth of continuation vehicles, evergreen funds and securitisation are contributing to the changing face of the fund finance market.
A run on redemptions in the private credit world has highlighted the importance of diligencing gating mechanisms in fund finance facilities.
The growth of securitised products is attracting more investors into the space.
Competitive pricing, innovation and a growing lender ecosystem are fuelling the products’ appeal.
Lenders are ramping up their energy transition efforts against a backdrop of escalating power demand and renewed emphasis on energy security.
From differentiated dealflow to favourable terms and pricing, mid-market debt has several structural dynamics that infrastructure investors find compelling.
DPI may primarily be seen as a private equity problem, but an expectation of timely returns means private credit is being held to an even higher standard.
Pricing remains the biggest source of friction in secondaries negotiations.