Getting a fairness or valuation opinion on a private equity GP-led secondaries transaction is a straightforward, albeit costly task. In credit secondaries, however, the rule change creates a cumbersome burden.
3 min read · 21 September 2023
A growing number of fund managers are offering customised investment options for clients and are seeking ways to access retail clients.
3 min read · 15 September 2023
Private credit has received plenty of acclaim as a well-positioned asset class for the times, but investors are not entirely void of concerns.
2 min read · 14 September 2023
The guide is ICI’s first major work focused on the private credit sector to help firms address climate change.
2 min read · 14 September 2023
The dissenters in the 3-2 vote, Uyeda and Peirce, seemed to welcome a court challenge. But for several days that prospect hung in the air.
2 min read · 07 September 2023
At our gathering of private debt professionals from the US and elsewhere, participants had a sense of resilience and opportunity – while also acknowledging that tough times may lie ahead.
2 min read · 06 September 2023
The deal cements parent company LCFH’s position in the management of consumer and SME loans, leases and mortgages across Europe.
1 min read · 01 September 2023
To some, the rules are simply a means of ensuring private fund managers apply the same principles as other asset managers. To others, they demand a strong defensive response.
3 min read · 31 August 2023
Lender-on-lender violence is being seen with increasing frequency as private debt firms show their willingness to be aggressive in stressed scenarios.
2 min read · 24 August 2023