Global distressed activity has fallen, but signs point to a re-emergence of opportunities.
3 min read · 11 April 2014
The supply-demand imbalance in the European loan market is leading to more highly leveraged transactions and more borrower-friendly terms, the ratings agency warns.
2 min read · 10 April 2014
Ares Management’s credit business positions the firm well for its upcoming public offering.
3 min read · 04 April 2014
The news on Thursday that French private debt firm Tikehau had secured a minority investment from asset management behemoth Amundi demonstrated just how important private debt is becoming as an asset class.
2 min read · 28 March 2014
European banks are increasing the pace at which they offload non-core loans, with 2013's total 40% higher than 2012's and a further increase due this year, PwC says.
2 min read · 25 March 2014
BDCs are, like floral print dresses (hey – we read style magazines too), very much in vogue at the moment. Here’s why.
3 min read · 21 March 2014
The buoyant high yield markets continue to lure yield-hungry investors, as well as sponsors rushing to (re)finance deals. But now, as a result of the boom, covenant quality is at a record low.
3 min read · 14 March 2014
Real estate debt funds can deliver returns on a par with core real estate equity investing with less risk, particularly if they seek out opportunities outside primary locations, according to a Partners Group report, PDI can exclusively reveal.
3 min read · 13 March 2014
Structured finance analysts see further spread compression as inflows into credit funds surpass equity for once.
2 min read · 10 March 2014
In a piece published in the Wall Street Journal this week, Blackstone president Tony James sought to differentiate 'market-based lenders' – private debt funds to you and me – from banks. But will his bid to stave off regulatory scrutiny be successful?
3 min read · 07 March 2014
