It is not as if US-based fund manager Apollo Global Management had not telegraphed its intention to push further into the burgeoning market for private credit.
3 min read · 25 August 2020
In the magazine: Ten views on how covid-19 will change private debt; Why venture debt is booming; ESG and private credit; Plus much more.
1 min read · 25 August 2020
In the magazine: Is this a new era for US private debt?; How Kayne Anderson raised $1.3bn in two weeks; A US roundtable; Plus interviews with Twin Brook, Monroe Capital, Partners Group, Northleaf and MGG.
1 min read · 25 August 2020
As costs continue to be squeezed, and with government help set to be phased out, many businesses will need to take action to stay afloat in the months ahead. Jatinder Bains of Macfarlanes examines the pros and cons of the company voluntary arrangement.
5 min read · 24 August 2020
India takes steps to reduce defaults among small businesses by changing its insolvency regime. Also, Sixth Street backs a biopharma company while the UK authorities are urged to involve alternative lenders in the country’s coronavirus recovery. Here’s today’s brief for our valued subscribers only.
3 min read · 24 August 2020
The corporate default threshold has increased by 100 times to try and protect small businesses.
2 min read · 24 August 2020
Payment holidays and government-backed loans are creating an enormous debt burden.
2 min read · 21 August 2020
OakNorth Bank has completed a revolving credit line with Bluegem Capital Partners, marking the lender’s entry to the private equity fund finance market.
3 min read · 20 August 2020
Borrowers who have taken payment holidays due to coronavirus could face big bills as lenders ask them to catch up. We also take a look at why LBOs are making up more than half of all firms in default. Here’s today’s brief for our valued subscribers only.
3 min read · 20 August 2020
