European leveraged finance is operating in an unexpectedly benign environment, but undisciplined structuring could be the market’s downfall.
3 min read · 28 September 2017
Wary of recent developments, private debt managers may even shelve investment in quality companies – creating, rather than addressing, a funding gap.
3 min read · 21 September 2017
With the possible exception of hurdle rates, LPs can count victories on management fees, carry and the growing number of bespoke structures being employed.
3 min read · 11 September 2017
The decision by a $9bn California retirement plan to commit money to Kayne Anderson for credit, real estate and equity is a departure from the norm.
3 min read · 07 September 2017
Brexit will have implications for loan-originating fund structures but they may not be too dramatic, according to Patricia Volhard of Debevoise.
4 min read · 05 September 2017
Private debt funds have found an opportunity to help Chinese firms complete overseas acquisitions.
2 min read · 31 August 2017
Increasing numbers of first-time fund managers are attempting to squeeze into the private debt crowd. Finding enough high-quality deals will be a challenge.
3 min read · 24 August 2017
The latest record fundraising figures across alternative asset classes show CIOs continue to see private investments, and not just private equity, as the most compelling in the long term.
3 min read · 14 July 2017
Korean investors in particular have aggressively shifted their allocations from fixed income security to private debt.
3 min read · 04 May 2017
Rate rises, geopolitics and Brexit are expected to drive an increase in workouts and distressed opportunities in Europe.
2 min read · 01 February 2017