Sponsored

What opportunities are there for real estate debt investors in the US and Europe? LaSalle’s David White and Craig Oram talk through the tailwinds set to impact the sector.

With distinctive characteristics from direct lending, asset-based finance is the ‘next big thing’ for private credit, according to Grzegorz Blicharz, portfolio manager, DB Investment Partners.

Bridge lending is continuing to gain momentum as borrowers look to find flexible solutions in a challenged market, says Mark Posniak, managing director in the bridging group at Arrow Global.

The asset class has been booming for some time, but there are questions around how long that will last. In this podcast, David Golub, president of Golub Capital, discusses how private credit managers can thrive, even during uncertain market conditions.

NAV lending is a useful addition to investors’ toolkits, say Andrew Bellis and Patrick Lee of Partners Group.

Contrary to some assumptions, NAV financing is not all about private equity buyouts. Matt Hansford, head of Europe, portfolio finance at Barings, examines the broad and less known opportunity set.

Today’s market is characterised by optimisation by banks of their balance sheets in the face of changing capital and provisioning rules, with private credit stepping in to fill the gap, says Toni McDermott, credit and lending CIO at Arrow Global.

Greater specialisation will lead to an enhanced toolkit for operators in the market over the next five years, say Kate Sinclair and Katie McMenamin, partners in the fund finance group in Simpson Thacher & Bartlett’s London office.

Transition finance is complementary to impact investing, say Tikehau Capital’s Vincent Lemaitre, head of ESG for private debt and tactical strategies, and Lindee Wong, director of climate and biodiversity.

Devi Aurora, managing director for financial institutions and alternative funds at S&P Global Ratings, provides insights into how the rating agency assesses NAV loans and subscription line facilities.