Asset sellers would prefer private deals before undergoing resolutions. PDI explains the reasons.
3 min read · 05 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
Steven Miller and Jessica Reiss of Fitch Solutions examine the subtle changes to credit agreements that could pose a danger when today’s deals are affected by the next downturn.
5 min read · 01 July 2019
New directive will liberalise regulations for managers during the earliest stages of fundraising.
3 min read · 01 July 2019
After a six-month trial the industry bodies have decided to part ways.
1 min read · 26 June 2019
The European Parliament has approved changes to the pre-marketing of alternatives funds that should make the process easier across the continent.
2 min read · 20 June 2019
Industry sources are pondering why there has been a significant decline in the organisation’s NPL acquisition costs
4 min read · 18 June 2019
Our second annual PDI CFOs & COOs Forum highlighted high-net-worth individuals getting into the game, side letters and transparency, and more.
4 min read · 12 June 2019
The spotlight is intensifying as private debt’s role in the stability of the financial system is questioned – and misunderstandings needs to be addressed.
2 min read · 11 June 2019