Favoured for their relative liquidity, versatility and tax efficiency, Business Development Corporations are an increasingly prominent segment of the private debt market. Here are key developments from the past six months.
4 min read · 03 September 2018
A sharp increase in market participants in the mid-market is pressuring loan pricing and covenants, so where does value sit in the sector?
7 min read · 03 September 2018
The hire will help Investec expand its syndication capability for leveraged buyouts.
1 min read · 03 September 2018
Last year was a record-breaker for the industry, but there have been warning signs of a downturn.
3 min read · 02 September 2018
Who would you want to be working alongside if you had a pool of private debt capital to raise? From that question, we identified some of the industry’s key players you want on your team in our Rainmaker 20.
8 min read · 31 August 2018
The increase comes as unitranche loans made up almost half of last quarter’s leveraged buyouts.
1 min read · 30 August 2018
Smaller companies have been borrowing above the pre-crisis peak for several years.
1 min read · 30 August 2018
A new partnership comes amid the manager’s fundraising for its first Asian vehicle, sized over $250m.
2 min read · 30 August 2018
While signs of stress in the US credit cycle are yet to migrate to Europe, there are fears that political developments may destabilise the region.
2 min read · 30 August 2018
