The Bank of England has warned that over-leveraged companies acquired by private equity during the buyout boom of the early 2000s could spark a new financial crisis in the event of widespread defaults.
3 min read · 14 March 2013
Partners Group predicts the favourable characteristics of European mezzanine investments – high returns and low default rates – over the last 21 years will foster increased interest in the credit instrument.
2 min read · 13 March 2013
A UK Government-backed scheme to spur banks into increased lending has so far failed to bear fruit, suggesting the funding gap shows little sign of closing in the near future unless other sources of debt can be brought to bear.
2 min read · 05 March 2013
Hedge fund manager Eyck Capital is expected to begin trading with its first European distressed debt hedge fund next month.
2 min read · 01 March 2013
Investors are increasingly looking for income-focused strategies that are less sensitive to interest rate and inflation shocks, with high yield bonds.
2 min read · 01 March 2013
Babson Capital Europe has already started lending to distressed European businesses, as it works to finalise 20-30 commitments ahead of a projected September close.
1 min read · 28 February 2013
ECM Asset Management has launched European corporate-focused Luxembourg-domiciled UCITs absolute return fund attempts to capture rise and falls in the deleveraging credit cycle.
2 min read · 26 February 2013
Distressed debt investment specialist Oaktree Capital Management is set to launch a European-focused direct lending fund to capitalise on dislocation in the continent’s credit markets.
1 min read · 22 February 2013
The Robert Smith-led firm will target $600m for its first debt fund and likely $500m for its second small-cap vehicle as it comes off a year in which it returned $2bn to LPs.
2 min read · 21 February 2013
The Paris-based asset manager has corralled institutional capital for a senior real estate lending vehicle having set up a platform last year.
1 min read · 21 February 2013
