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
The New York asset manager has launched its latest distressed debt vehicle.
1 min read · 07 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
David Scopelliti, who was chief executive of Alcentra Capital Corporation until 2018, becomes global head of private debt at the consulting giant.
1 min read · 05 August 2020