Increasingly borrower-friendly terms are a result of high liquidity and competition among private debt funds. But are players taking on risker propositions? Proskauer partners Alex Griffith and Faisal Ramzan share insight.
3 min read · 01 April 2020
Two European LPs have already defaulted on capital calls, and more are rumored, as LPs get hit with a one-two punch of large, often early capital calls and drying up distributions.
5 min read · 30 March 2020
Firms will have to change their approach to fundraising and portfolio company monitoring until the coronavirus outbreak recedes.
2 min read · 30 March 2020
Nairobi-based EquaLife Group is seeking $20m for a permanent capital vehicle aimed to help businesses affected by the crisis.
3 min read · 30 March 2020
The closing comes as secondary prices fall to levels last seen in the global financial crisis.
2 min read · 27 March 2020
The New York-based private debt firm closes its second middle-market senior loan fund.
1 min read · 27 March 2020
The firm plans to introduce its first real estate debt offering after rebranding its property business this month.
3 min read · 26 March 2020
The special opportunities investor closes its fourth fund above target.
1 min read · 25 March 2020
In recent years, fundraising has piled into the larger private debt funds – creating an elite of capital gathering powerhouses. Catalin Voloseniuc of SEE Credit Partners says its time to consider other options.
3 min read · 23 March 2020
The fund, which had a target of $1bn, attracted investors who were all new to the firm’s debt platform.
1 min read · 23 March 2020