Stephen McKenna, co-head, private debt and capital markets at SANNE, digests some of the biggest developments in 2018 for a maturing private debt industry and what they might mean for the fund services sector in 2019.
5 min read · 01 February 2019
As we near the end of the current cycle, the maturing private debt industry hits a crucial stage in its evolution. Cesar Estrada, State Street’s head of product management for private equity and real assets fund services, explains how fund services will play a part.
6 min read · 01 February 2019
Today’s unique market dynamics will result in opportunities in a downturn for credit managers that prudently manage investors’ capital in boon times.
1 min read · 23 January 2019
The healthcare sector has been attractive to mid-market lenders and PE sponsors for years. The way transactions are done keeps evolving, but the potential regulatory risk remains, says Twin Brook’s Faraaz Kamran.
1 min read · 10 January 2019
When a private credit manager is the lead arranger in a transaction, it gives the firm a level of control and compensation it would otherwise not receive, Garrett Ryan, a partner and head of capital markets at Twin Brook Capital Partners, says.
1 min read · 10 December 2018
As the PDI 50 reveals, competition at the top has never been tougher. Graeme Delaney-Smith of Alcentra,offers insight into the current state of Europe’s deal market.
5 min read · 30 November 2018
Developing an expertise can help a firm limit competition for dealflow and land a place on the private equity community’s lender speed dial, according to Twin Brook co-managing partner Trevor Clark.
1 min read · 14 November 2018
Symon Drake-Brockman explains that, in the late stages of the credit cycle, a successful strategy in a maturing market may depend on an ability to invest across markets.
6 min read · 01 November 2018
Has the European private debt market had it too good for too long? There are no signs of panic, but nerves are jangling as loose structuring, leverage, competition and political volatility compete to be the asset class’s chief bogeyman.
10 min read · 01 November 2018
As the European market matures, managers must think outside the box to expand their horizons. Andrew Ritchie explains the risks and rewards of diversifying.
6 min read · 01 November 2018