JP Morgan CEO believes non-bank lenders will prove unsupportive of, or even predatory towards existing borrowers in the next crisis.
2 min read · 09 April 2015
In the US and Canada, investors have set strong examples of how getting into private debt directly could work for European institutional investors that are looking for good risk-adjusted returns.
3 min read · 09 April 2015
Banks and debt funds need not be at loggerheads. But the successful partnerships will be found where capital is lacking.
3 min read · 02 April 2015
Deal flow in mainland Europe was stronger in 2014, according to Deloitte’s latest deal tracker.
2 min read · 18 March 2015
Today’s leveraged finance market – particularly syndicated loans for larger mid-market companies – doesn’t offer enough of a risk premium for fund investors locking up cash for more than five years.
3 min read · 12 March 2015
The arrival of alternative lenders in Europe is driving up leverage and putting pressure on pricing, the DLA Piper report finds.
2 min read · 25 February 2015
Risk retention and basic underwriting standards are key to successful lending, wherever you are.
3 min read · 20 February 2015
We're still thinking about those headline-grabbing energy sector losses this week, not least because struggling credit strategies are being attributed to the drop in oil prices. But it's not as simple as that.
3 min read · 13 February 2015
Nobody wants to concentrate on the bad deals, but private credit funds need to be open and clear about default rates if they are to become a credible and long-term part of the financing markets.
3 min read · 06 February 2015
A large number of the biggest names in distressed investing have said they want focus on stressed energy plays. With oil under $50 a barrel, the potential upside is hard to deny but are there enough of the right kind of assets to go around?
3 min read · 30 January 2015