United Kingdom

Campbell Lutyens also finds concerns among investors that private credit is growing too quickly.

Concerns over changes that may be made to capital gains tax have put private equity firms on red alert – with knock-on effects for the private debt industry. PDI discusses developments with Claire Madden of Connection Capital.

In the latest Private Debt Investor Podcast, Raymond Wright of London CIV tells of his wariness around loans passing from regulated bank balance sheets to an unregulated market. But he has high hopes for the asset class in areas such as asset-based finance and secondaries.

Fundraising bounced back in the second quarter to end H1 only just below the total seen in the same period last year.

Court denies motion to prevent another employee from joining UK-based Corinthia.

Heightened capital costs are increasing stress for real estate borrowers in the UK and Europe.

With banks continuing to shun UK SMEs, a lucrative environment has emerged for lenders willing to focus on this part of the market.

The big challenge facing smaller companies is the ongoing reduction in bank lending and the lack of viable alternatives, says Theo Dickens, managing partner at Prefequity.