In our September magazine’s Deep Dive, investment professionals stressed the benefits of permanent capital. One overlooked advantage is making the asset class more accessible.
2 min read · 12 September 2019
What defines the Stateside private credit market in 2019? Our recently published US report identified the following themes.
3 min read · 05 September 2019
A protracted cycle and fierce competition mean investors in private debt need to try and escape the crowds.
3 min read · 29 August 2019
The EBITDA addback has become one of the most controversial aspects of deal documentation. Research shows lenders are resisting the most extreme examples.
2 min read · 22 August 2019
Investors seeking refuge from the wild swings of the stock market may find that diversification brings unexpected challenges.
2 min read · 15 August 2019
The London-based private equity firm picked the New York giant as a minority shareholder also for the soft benefits that brings.
3 min read · 12 August 2019
Credit managers are now making offers for almost multibillion-dollar loans. But as private credit heads into uncharted waters, the asset class’s next big challenge could come from the very force that catalysed its growth.
2 min read · 08 August 2019
Private debt funds’ share of buyout market financing has continued to climb, although they are likely to hit the ceiling eventually.
3 min read · 01 August 2019
Fees have broadly stayed constant. But when it comes to fund economics, there is still a danger of LPs being dealt a weaker hand at the negotiating table.
3 min read · 25 July 2019
The continent looks set to follow in the footsteps of the US as venture lending gathers steam, but challenges lie in wait.
3 min read · 18 July 2019
