News & Analysis

Court hands big victory to private funds. Rifts in LP community may have aided the downfall of the regulatory package.

Business development companies are expecting strong income and dividend coverage but there are also headwinds to contend with. PDI examines the views of two rating agencies.

Camille de Lamotte will join the firm from Goldman Sachs to lead Spanish activity and co-head French deals.

Managers see using cutting-edge tools to assist operations as high priority – but they still have plenty to do to keep up with the latest trends.

The strip sale is the latest example of an asset manager using the secondaries market to build third-party AUM.

‘Grace period’ forms part of new net-zero guidelines for private debt; Alcentra tracks some key implications of the broadly syndicated loan market’s revival; and Antares’ latest hires reflect emphasis on the wealth channel.

Support from the Emirate’s sovereign wealth fund and other investors will enable the strategy to hold a first close soon.

Led by Craig Snyder and Aaron Rosen, the firm’s new opportunistic credit team is focused on dealing with fixed-charge coverage ratios and the lack of DPI.

In both the US and Europe, regulators are taking a keen interest in private debt, write McDermott Will & Emery’s Aymen Mahmoud, Riley Orloff and Matthias Weissinger. But do regulators have a distorted view of the asset class’s risks?

M&A activity looks set to finally rebound in 2024, with lenders reporting a strong start to the year.