Long dealt a bad hand in documentation, investors may have assumed that the global pandemic would make borrowers less demanding. Their raised hopes could well be dashed.
3 min read · 11 June 2020
The economic fallout from covid-19 has stoked fears of a liquidity crisis in US commercial property lending.
5 min read · 11 June 2020
Why ESG is more important than ever amid the covid-19 crisis. Plus: Ups and downs in the CLO market and evidence that distress is on the rise.
3 min read · 11 June 2020
Fundraising will also be buoyed by distress-focused vehicles, according to a survey from Intertrust.
2 min read · 10 June 2020
The vehicle, which invests in NPLs already subject to insolvency, is Balbec’s first fund to break the $1bn mark.
1 min read · 09 June 2020
The firm’s credit unit is led by former GSO technology specialist Scott Eisenberg.
1 min read · 09 June 2020
The US public pension has backed a CLO vehicle.
1 min read · 08 June 2020
Syndications are a new source of dealflow (unless you’re a distressed fund). Plus: British Business Investments gets behind venture debt and Oaktree heads back into the market.
3 min read · 08 June 2020
The real estate arm of the German insurer recently secured its first third-party fund investor for its vehicle focusing on the strategy.
3 min read · 08 June 2020
Excuse rights are a tool for LPs to avoid being committed to investments they would rather avoid on environmental, social or governance grounds, but they can create difficulties for fund managers. Winston Penhall of Reed Smith explains why.
5 min read · 05 June 2020
