NexPoint Advisors has sweetened its bid for Medley Capital Corporation (MCC) by upping its cash compensation and the amount of MCC stock it pledges to purchase should it ultimately acquire the beleaguered business development company. Dallas-based NexPoint Advisors, an affiliate of Highland Capital Management, has said it will provide a $25 million cash payment, up […]
2 min read · 01 April 2019
The firm’s co-founder says the amount of debt in global economies is worrying, along with dysfunction in government and challenges brought by ageing societies.
2 min read · 01 April 2019
The private credit market in Africa may be relatively small but is playing an integral role in helping to fill the capital gaps left by the continent’s banks. Rebecca Szkutak reports
5 min read · 01 April 2019
With record amounts of capital to deploy, managers are eyeing opportunities on the continent. We examine some of the potential areas of focus and how the market differs across the Atlantic.
5 min read · 01 April 2019
Lenders are pushing back against overly generous deal terms, but it is easier said than done, and there are various pressure points for deal makers.
8 min read · 01 April 2019
The region’s direct lending market has grown over recent years, but the structures that prevail retain a distinctive character when compared with the US.
5 min read · 01 April 2019
Everyone knows the Bennett Goodmans and David Golubs of private debt, but who is leading the next generation? For the first time, we identify the asset class’s emerging leaders from the ranks of the young and already successful.
10 min read · 01 April 2019
While the risks may be rising for putative property investors, alternative fixed-income investors such as Allianz and Dai-ichi Life remain focused on obtaining yield
2 min read · 31 March 2019
Amid record levels of fundraising and an evolving deal market, Proskauer partners Alex Griffith, Faisal Ramzan and Ben Davis examine how private debt’s role is shifting on the continent.
3 min read · 29 March 2019