As more capital floods into private debt than ever before, Christian Allgeier of First Avenue looks at the reasons behind the increase in LP appetite for the asset class and the new areas of investment.
3 min read · 03 December 2018
Winning trust is not easy, but the country’s investors are being won round to private debt by those GPs willing to do the spadework.
3 min read · 29 November 2018
Fees charged by managers have been falling steadily, but LPs hoping to strike even tougher deals may be in luck.
2 min read · 22 November 2018
The next downturn could bring opportunities for the private debt universe to expand, as the traditional finance providers offload portfolios.
2 min read · 15 November 2018
As private debt continues to diversify beyond its roots in private equity, managers are taking on more responsibility – including for ESG issues.
2 min read · 08 November 2018
A US regulation aimed at providing investors greater clarity has resulted in a less engaged BDC shareholder base. Moves to spark change are afoot.
2 min read · 01 November 2018
Larger private debt managers have never had it so good, but possible over-reliance on the PE market may leave some regretting their neglect of the non-sponsored opportunity.
2 min read · 25 October 2018
Private debt managers need to accelerate their take-up of new technologies to avoid becoming yesterday’s news.
3 min read · 19 October 2018
If the cycle is about to turn, it would not come as an unwelcome development to some investors.
3 min read · 11 October 2018
Increased leverage deep in the capital structure will cause problems for those firms unable to fix problems, maintains GSO’s Dwight Scott in this video shot at the PDI New York Forum.
2 min read · 11 October 2018