News & Analysis

The ‘higher for longer’ scenario has resulted in some substantial cost increases.

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.

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.

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.

Once known as a predictable, stable and easily modelled asset class, real estate has seen a tumultuous start to the decade that has thrown doubt on many established investment philosophies.

Investors are looking to private debt opportunities amid strong returns.

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.

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.

Difficult fundraising conditions have been observed across the private markets investment industry.