PDI sister title pfm has published a special supplement on the complexities of fundraising.
2 min read · 04 January 2016
Executives speaking at the Bloomberg Middle-Market Lending Forum said they do not expect the Federal rate rise or recent junk bond turmoil to impact them soon.
2 min read · 17 December 2015
The number of private debt managers successfully raising much larger European vehicles is expected to keep rising, yet it’s fuelling investor concerns about an overheating, over-competitive market.
2 min read · 27 November 2015
Debt managers busy trying to carve out a bigger share of Europe’s mid-market have not timed it well, argue some cautious voices. But with central bank stimulus propping things up how much wariness is warranted?
2 min read · 20 November 2015
Private debt in Asia offers more attractive risk-adjusted returns on a relative basis compared with North America and Europe, delegates at the PDI Asia Forum heard last week. Market veterans, in particular, were aware of the pitfalls as well as the opportunities.
3 min read · 16 November 2015
News that global banks will have to raise up to €1.1tr in loss-absorbing capital creates an opportunity twice over for alternative credit providers.
3 min read · 13 November 2015
It’s results season and the third quarter was hard on many listed US alternatives managers. However, there’s a private credit silver lining.
3 min read · 06 November 2015
Marlborough Partners report on the UK mid-market cautions private equity borrowers against issuing debt in more volatile market unless absolutely necessary.
2 min read · 04 November 2015
Panellists and delegates at PDI’s Capital Structure Forum in London this week agreed that covenant-lite deals have no place in mid-market lending. Why, then, are cov-loose agreements on the rise?
3 min read · 30 October 2015
Eight in ten senior executives said that they will increase allocations to income-producing alternative credit, according to a new BlackRock survey.
2 min read · 27 October 2015