Loan Note: Problems with PIK; investors told to recalibrate portfolios

Concerns are growing around the use of PIK notes in private equity deals. NorWall has acquired a consumer loan portfolio; and Schroders finds more LPs are favouring private credit.

ByPEI Private Credit Staff Writer

30 June 2025•6 mins read

[data-article-body-skeleton]{display:none!important}

JavaScript is required to read this article. Please enable it in your browser and reload the page.

Loan Note

Loan Note: Problems with PIK; investors told to recalibrate portfolios

Goldman Sachs

Goldman Sachs Asset Management

GTCR

Morgan Stanley Investment Management

NorthWall Capital

NXT Capital

Sixth Street

Related articles