Oaktree’s substantial deployment of its latest property fund is not indicative of dealflow in the market overall, but rather that it is ahead of the pack.
3 min read · 01 April 2021
Last year saw small company financing dominated by state-backed schemes. But as they come to an end, fund managers can reclaim lost territory.
2 min read · 01 April 2021
Investing in the debt of a company with a view to converting it to equity is a complex strategy that can be thwarted in numerous ways. Leonard Klingbaum and Milap Patel of Ropes & Gray explain why it is nonetheless gaining in popularity.
6 min read · 01 April 2021
Surprisingly little is known about the exact size of the country’s private debt market, but a widening financing gap is providing plenty of potential for fund managers in the mid-market.
5 min read · 01 April 2021
It’s becoming more competitive, with a recent report suggesting that direct lending in Europe could dwarf the US within a decade. We suggest five ways managers can get ahead in this congested space.
7 min read · 01 April 2021
It may look like a safe bet, but doing well from the strategy depends on manager and asset selection more than the seniority of the loan. Robin Doumar of Park Square Capital shares his thoughts on the market.
2 min read · 01 April 2021
In Europe and North America, lenders can only dream of the tight documentation available in Asia-Pacific. We examine a divide which, in some ways, the pandemic has accentuated.
10 min read · 01 April 2021
Investors are finding the top of the capital structure a good place to be, but they should not assume it is a part of the market where you only find plain vanilla approaches.
5 min read · 01 April 2021
The sector is in its relative infancy in Asia-Pacific, with demand outweighing supply. Managers keen to participate would do well to note the vast differences within individual markets.
5 min read · 01 April 2021
Retail funds for alternative assets, including private debt, have had some false dawns. The UK is launching a new version which it hopes will overcome the challenges and lure pension schemes. By Lora Froud and Gavin Haran of Macfarlanes.
6 min read · 01 April 2021