The regulator said Insight charged excess management fees by inaccurately calculating management fees based on aggregated invested capital at the portfolio company level instead of at the individual portfolio investment security level.
3 min read · 27 June 2023
Majority ownership shifts to the senior lenders, led by Arbour Lane, as debt is cut substantially.
2 min read · 26 June 2023
Current monetary policy and economic conditions are creating favourable conditions for the asset class says Bruce Richards of Marathon Asset Management.
3 min read · 26 June 2023
DC Advisory sees hope for a subdued European deals market in H2. Plus: KKR teams up with PayPal for a major consumer finance deal; and Managing Partners Group predicts a private debt capital boost from high-net-worth individuals and retail investors. Here’s today’s brief for our valued subscribers only.
7 min read · 26 June 2023
We need to talk about leverage levels in a high interest rate-environment, delegates at the Private Debt Investor Seoul Forum are told
5 min read · 26 June 2023
Alongside Shahab Rashid, Chang will co-lead the firm’s direct lending strategy.
1 min read · 23 June 2023
A continued pause in the UK property investment market is expected following the Bank of England’s latest interest rate rise, which will further impact affordability of loans.
3 min read · 23 June 2023
Payment in kind is an option which, due to interest rate rises, is increasingly in demand from sponsors and borrowers. Lenders must make sure they are applied only in appropriate circumstances, say Daniel Hendon and Phil Anscombe of Proskauer Rose.
5 min read · 23 June 2023
The move may add badly needed powder to a tight fundraising marketplace.
2 min read · 22 June 2023
