Getting a fairness or valuation opinion on a private equity GP-led secondaries transaction is a straightforward, albeit costly, task. But in credit secondaries, the rule change creates a cumbersome burden.
2 min read · 02 October 2023
London has played a bigger part in Michael Carruthers’ life and career than he might have imagined.
5 min read · 02 October 2023
The credit review process is a prime candidate for early adoption of artificial intelligence
4 min read · 02 October 2023
Infrastructure debt isn’t immune from the turmoil in the wider market, but it does offer protection for investors.
5 min read · 01 September 2023
Policymakers are looking at whether private debt poses a risk to the financial system, while defenders of the industry challenge some of the assumptions being made, says McDermott Will and Emery’s Aymen Mahmoud.
4 min read · 01 September 2023
Fundraising may have slowed, but US private debt still looks resilient.
8 min read · 01 September 2023
Inside: How will NAV finance survive its toughest test?; A special report on infrastructure debt; Payment in kind – a useful tool or hidden default?; Expert comment from Schroders Capital and Nuveen; Plus much more…
1 min read · 01 September 2023
The German market is branching out from unitranche to other types of financing, as well as seeing innovations in documentation, write Thomas Weitkamp, Rainer Adlhart and Anna-Maria Kuckerz of Latham & Watkins
6 min read · 01 September 2023
Seen by some as a sign of trouble but by others as a practical way of helping firms through a rate-rise environment, payment in kind has returned to centre stage.
5 min read · 01 September 2023
Inside: Why it’s time to look beyond direct lending; Expert comment and analysis from industry leaders; The rise of speciality finance; A guide to real estate alternative lenders; A ranking of the 40 biggest real estate debt fundraisers; Plus much more…
1 min read · 01 September 2023
