With spreads tightening, pricing under pressure and covenants loosening, managers speaking at PDI’s Germany Forum championed the diversification benefits of the asset class.
2 min read · 20 June 2017
The pension’s private credit allocation was $352m by the end of the first quarter.
2 min read · 19 June 2017
The firm’s latest Credit Solutions Fund has more than doubled the capital raised by its predecessor.
1 min read · 19 June 2017
The firm is looking to raise at least €500m from shareholders as it looks to almost double its assets under management by 2020.
1 min read · 19 June 2017
The broad performance of private debt declined towards the end of 2016, as figures show increasing competition within the industry.
1 min read · 19 June 2017
The firm has provided acquisition finance for the purchase of Willerby, a UK-based mobile and holiday home manufacturer.
1 min read · 16 June 2017
The listed direct lender has completed 17 loans since its IPO in December and says it is on target to hit its 2017 4% dividend yield target.
1 min read · 16 June 2017
The appointment of a secondaries broker began the process of the $2.5bn pension fund reducing its private equity exposure – a move driven by low yields. It is now preparing to invest more in private credit.
2 min read · 16 June 2017
Private debt fund fees have been in decline, reflecting the changing nature of the investor base.
2 min read · 16 June 2017
Firms taking on governance, rather than ownership, of non-performing loans are still taking on downside risk as part of their business operations.
2 min read · 15 June 2017
