The strategy’s third vintage will invest across the capital structure in companies with enterprise values of up to $3bn, and surpassed its $1.25bn target.
2 min read · 01 February 2024
TCW is latest big-hitter charging into asset-based finance. Plus: AI takes hold within alternative investment firms; and Fitch identifies an easing of debt service costs. Here’s today’s brief for our valued subscribers only.
6 min read · 01 February 2024
Amid chatter about the potential systemic risk that private debt may pose, the Alternative Credit Council’s Jiri Krol admits the asset class has a data problem but sees little for the policymakers to fear.
10 min read · 01 February 2024
In a podcast published this week, a leading covenant expert and lender representative insisted private debt has no room for complacency when it comes to fair documentation.
3 min read · 31 January 2024
In the fifth episode of our Decade of Private Debt miniseries, the European Leveraged Finance Association CEO reflects on the highs and lows of borrower/lender deal negotiations in the industry.
1 min read · 31 January 2024
Difficult fundraising conditions have been observed across the private markets investment industry.
1 min read · 30 January 2024
The US public pension fund announced two commitments made between October and December 2023.
1 min read · 29 January 2024
Speaking at the HKVCA’s Asia Private Equity Forum on Friday, Eric Mason, head of PE at the Church Pension Fund, told delegates that using NAV facilities to create distributions increased financial risk.
2 min read · 29 January 2024
Listen to the views of industry experts on the last 10 years of private debt in our new podcast mini-series. Plus: Cliffwater’s Nesbitt puts the case for the defence against too much regulation; and S&P looks ahead to a rise in defaults. Here’s today’s brief for our valued subscribers only.
5 min read · 29 January 2024
The longstanding environmental-focused private markets firm is ‘pleased with the momentum’ as it gathers capital for its first private credit fund.
2 min read · 29 January 2024
