Covenants in European private debt deals have loosened markedly over the last five years, prompting concerns over a lack of lender control.
2 min read · 13 July 2017
Underwriting standards cannot be allowed to slip in the face of growing competition and more cov-lite deals, insists James Del Gaudio of PSERS.
3 min read · 12 July 2017
The acquisition of the former European Capital by LGT Capital Partners was completed in June.
1 min read · 12 July 2017
The latest report from investment bank Evercore expects Spain and Portugal to dominate the European loan market in the second half of 2017.
3 min read · 12 July 2017
The distressed investor has entered the Portuguese NPL market and continues to make inroads in the Spanish market with its ninth acquisition in the country since 2014.
2 min read · 12 July 2017
The fund manager has backed ACME with a new type of loan after its initial commitment via a joint venture with APG last year.
2 min read · 12 July 2017
Officials at the public retirement plan behemoth are set to provide feedback on Monday.
4 min read · 11 July 2017
The UK-based private debt investor has backed a precision engineering firm as it starts building a portfolio for a planned £150m fund.
2 min read · 11 July 2017
The firm has provided a three-year loan, shorter than its usual loan investments, as demand in the market swings to such financing.
1 min read · 11 July 2017
The UK-based pension scheme raised total AUM to £32bn as it began the processing of undertaking more private credit operations in-house.
2 min read · 11 July 2017