As the plain vanilla part of the private debt market comes under pressure, investors are turning their attention to more specialised approaches.
2 min read · 05 January 2023
Cliffwater finds less available capital but still keen interest in continuation funds. Plus: first closing achieved for a fund targeting Tunisian SMEs; and CVC and Tikehau both close new CLO-type vehicles. Here’s today’s brief for our valued subscribers only.
4 min read · 05 January 2023
As debt firms take a more proactive role in ESG issues facing portfolio companies, one expert highlights their potential for an ongoing dialogue with management teams.
3 min read · 04 January 2023
Partners from McDermott Will & Emery take a look at issues affecting cross border financing in 2022.
8 min read · 30 December 2022
As markets are upended by the resurgence of inflation and interest rates, Churchill Asset Management takes a look at how credit managers will face the year ahead.
4 min read · 29 December 2022
The coming recession will be a major test of how well private debt funds have prepared for downside, says Triton’s Amyn Pesnani.
4 min read · 28 December 2022
The bank has added a new platform, hiring a JPMorgan veteran as team co-leader.
2 min read · 23 December 2022
Executives from Goldman, Blackstone, GIC, Starwood and Mack Real Estate discussed the next wave of sector opportunities at a recent NYU panel.
4 min read · 23 December 2022
As funds hit the market over the next few months, they will likely contend with what some sources have told me is ‘LP fatigue’.
3 min read · 21 December 2022
Marcus Frampton said private equity hasn’t yet had a correction and that he was stunned to see the multiples being paid for small, private companies.
2 min read · 19 December 2022