Company stakeholders are to discuss and agree on key details of the firm’s insolvency plan during the next creditor meeting. Interested parties include Bain Capital, Broad Peak, Tor Investment, and Queensland Investment Corporation.
4 min read · 13 August 2020
A survey has found almost unanimous agreement among investors in the European leveraged finance market that covenant capacity cannot be accurately calculated.
1 min read · 11 August 2020
The US public pension has backed a special situations fund.
1 min read · 10 August 2020
Why professionals in Sydney are fearing a second wave – not of covid, but of problems facing portfolio companies. Plus, why more equity-focused GPs may consider adding debt, and some heartening findings from a Partners Group survey. Here’s today’s brief for our valued subscribers only.
4 min read · 10 August 2020
The initial fundraising target is in the range of $300m to $500m and will target mid-market companies.
2 min read · 10 August 2020
With some portfolio companies needing urgent financing support, private equity managers may once again consider adding debt operations – but it comes with challenges.
2 min read · 06 August 2020
Why Kennedy Lewis is looking to the future with confidence after striking a deal with an Italian asset manager. Plus, Pantheon backs PennantPark and Mercer has a new head of private debt.
3 min read · 06 August 2020
The $500m fund has started deploying capital, focusing on corporate and real estate investments across selected countries in Asia-Pacific.
2 min read · 06 August 2020
The US pension plans to build out its fledgling private credit portfolio.
2 min read · 05 August 2020
