The purchase of the Asian lender jump-starts Ares Management’s operations in the region, where many of its peers already have devoted resources.
2 min read · 23 January 2020
Although private debt capital raising continued to decline last year, investors are far from abandoning the asset class.
2 min read · 16 January 2020
Unable to force deal sponsors to the table in times of stress, lenders find themselves effectively handcuffed. No wonder the covenant-lite loan remains one of the asset class’s big talking points.
2 min read · 09 January 2020
PDI’s private debt prognosticators take a crack at predicting several of the big themes that will be front of mind next year.
3 min read · 12 December 2019
The credit fund secondaries market could be huge. The question is ‘when?’
2 min read · 09 December 2019
Market sources tell us of some aggressive practices being undertaken by lenders at the smaller end of the market.
3 min read · 05 December 2019
Talk of how to respond to a downturn was on the agenda at our recent London event, amid scepticism that fund managers were sufficiently well prepared.
3 min read · 28 November 2019
Relative to its peers in private equity and other asset classes, private debt is behind the curve on ESG. It is catching up, but with various approaches and motivations.
3 min read · 21 November 2019
The relentless march of alternative lenders is being challenged by an old foe that appears newly invigorated.
3 min read · 14 November 2019
When Japanese and Korean investors tell GPs to invest resources in their respective countries, those managers should listen.
2 min read · 07 November 2019