As economic conditions become tougher, deal documentation is once again a hot topic. Borrowers are reluctant to cede too much, but lenders are reining back some of their flexibility to pile up more debt. Andy Thomson reports
10 min read · 03 October 2022
The fund finance industry is experiencing exponential growth, but there are a number of issues that borrowers need to address, reports Amy Carroll
8 min read · 01 September 2022
Annual recurring revenue finance has spread from the US to Europe and is gaining in popularity. But can lenders safely migrate away from traditional credit metrics based on EBITDA to embrace up-and-coming technology-based borrowers? Andy Thomson finds out
10 min read · 01 July 2022
In the wake of the global financial crisis, private debt firms took over much of the banks’ traditional corporate lending business in the mid-market. Today, the two sides are in competition again – this time for larger deals. Andy Thomson examines the implications
10 min read · 01 June 2022
With investors tending to favour special situations and capital solutions funds, the large-scale distressed opportunity has fallen out of fashion. But in a world shaken to its foundations by conflict, in addition to an array of troubling economic indicators, has the real world usurped the best-laid plans? Andy Thomson investigates
10 min read · 01 April 2022
There has been a surge of interest in the retail investor channel, with fund managers launching new products and hiring specialist resources. But concerns such as transparency and liquidity form a challenging background for those on both the investor and asset management sides. Robin Blumenthal lifts the lid on the key issues
10 min read · 01 March 2022
Having exploded onto the scene in the broadly syndicated market, the impact of sustainability-linked loans is now being felt in private debt. But managers need to make sure they do not stand accused of greenwashing. By Andy Thomson
10 min read · 01 February 2022
Economic recovery has seen inflationary concerns return for the first time in more than a decade, meaning managers must prepare for future risks. But opinion is divided, with some believing deflation is a bigger long-term concern. By John Bakie and Robin Blumenthal
10 min read · 01 October 2021
The benchmark that has underpinned vast numbers of financial instruments globally is coming to an end. But there is a lively debate around what will replace it, and how suitable that replacement will be in the event of a crisis. Robin Blumenthal reports
10 min read · 01 September 2021
Over the last year, numerous strategic relationships have been formed as US and European GPs look to expand into each other’s territory. We explore what is driving these tie-ups along with the practical challenges faced.
10 min read · 01 July 2021