Opinion

To draw talent to impact, a rethink on fees may be needed

If impact is to attract the most talented GPs – and a wide pool of investors – it mustn’t make itself too expensive.

Continuation vehicles are rewarding creativity

The CV is coming to private credit. Instead of lengthy workouts at the end of funds’ lifetimes, managers can simplify fundraising and give investors extra yield

ABF may ease direct lending concerns

It remains to be seen how successfully direct lending can navigate current headwinds. LPs with heavy exposures may welcome the rise of asset-based finance.

Thorns among the evergreens?

Semi-liquid private debt funds are proliferating and hold obvious appeal, but investors must be alert to the risks.

Can European credit stage a comeback?

As the US raises up trade barriers, will Europe become a new land of opportunity?

Five takeaways from PDI Europe

‘Resilience’ is a word frequently used when describing how private debt has responded to previous challenges. How’s it shaping up in response to the current economic and political backdrop?

Europe is now front of mind for LPs

The region still has economic and geopolitical challenges but, with negative sentiment around the US, has an opportunity to grow its share of the private debt market.

There is still room for new real estate debt fund managers

Despite the lack of deal volume and build-up of dry powder in the sector, there remain parts of the market where borrowing needs are not being met.

Why volatility may see higher allocations

Private debt is viewed as a relatively safe asset class in times of turmoil, but not all LPs are entirely sold on its merits.