Peer-to-peer lender funding circle has announced a second closed-ended direct lending fund, this time focused on Germany and the Netherlands, as it slashes its revenue growth forecasts.
2 min read · 02 July 2019
LGT beat its €800m target and more than doubled the number of investors from its previous fund.
2 min read · 01 July 2019
Lawyers offer vital protection to debt funds, ensuring their documentation provides funds, and ultimately investors, with covenants and terms they can rely on. But the practice of equity sponsors designating lender counsel could be leaving creditors in the lurch.
5 min read · 01 July 2019
Investing in the energy sector can be complicated and BDCs are steering clear of lending to the sector, but targeting the midstream could be the key to making oil and gas work for private debt funds.
4 min read · 01 July 2019
With huge amounts of capital competing for high quality assets, due diligence processes are under pressure.
3 min read · 01 July 2019
While new fund launches have slowed down significantly, those funds that are in the market are bigger than ever.
2 min read · 01 July 2019
Lending on a non-sponsored basis is growing more slowly than expected but firms are realising a specialist approach might be the key to success.
5 min read · 01 July 2019
Arena Investors’ Daniel Zwirn believes direct lending, leveraged loans and CLOs could be partly responsible for the next financial crash, whenever it comes.
6 min read · 01 July 2019
Canada’s recently legalised Cannabis market could be a major opportunity for debt funds looking to diversify.
3 min read · 01 July 2019