Among the talking points at this week’s Capital Structure Forum was greater scepticism from continental investors towards the region’s largest private debt market.
3 min read · 30 November 2017
Lenders may be left compromised when a deal termsheet does not make clear how much control sponsors have over the transfer of payments.
4 min read · 17 November 2017
At a recent roundtable, talking points centred around market conditions and preparing for a change in circumstances.
3 min read · 16 November 2017
As US Congress gets ready to reform the tax code, private credit and private equity firms will square off with elected leaders over a tax deduction that is crucial to both asset classes.
3 min read · 10 November 2017
Private debt has proved it is capable of scaling up quickly, but the key question hanging over the asset class is whether it is also capable of sustainability.
3 min read · 02 November 2017
Investors in the continent’s private equity market should be considering other parts of the capital structure, writes Syntaxis Capital’s Africa head.
3 min read · 01 November 2017
LPs anxious about systemic risk and dry powder accumulation may have less to worry about than they think.
3 min read · 12 October 2017
Low volatility, attractive yields and floating rates: all reasons why, according to Alcentra’s Paul Hatfield, loans are more than a match for bonds in the long term.
4 min read · 12 October 2017
With lots of end of-cycle talk, the Cambridge Associates senior executive cautions against predicting the next recession.
4 min read · 12 October 2017
A covenant capping leverage at 9.5x EBITDA that is tripped when the borrower’s revolver is funded to a certain point? That actually happened.
3 min read · 05 October 2017