Investing in healthcare companies using structured debt can provide broader downside protection than royalty financing, posits Sam Chawla, portfolio manager of the Perceptive Credit Opportunities strategy at Perceptive Advisors.
6 min read · 12 December 2017
Solar Capital co-founders, Michael Gross and Bruce Spohler, say cash flow and asset-based lending can be complementary, despite offering very different strategies for investors.
6 min read · 05 December 2017
Special situations, direct lending, speciality finance … business services, healthcare and energy. These investment platforms and industry specialisations don’t need to be siloed, rather they can work together, two TCP Capital executives maintain.
5 min read · 05 December 2017
Fund structures today include public and private approaches as well as blends of the two, explains Arthur Penn of PennantPark.
6 min read · 05 December 2017
Amid extreme political uncertainty, having a pan-European approach is the way to avoid over-reliance on the UK claim senior executives at Pemberton.
6 min read · 30 November 2017
Competition is tough and deal terms are raising eyebrows. But Europe’s private debt professionals are also seeing opportunity in specialisation, regulation and the growth of markets outside the besieged UK.
10 min read · 30 November 2017
Antares Capital’s Timothy Lyne says new entrants can find it difficult to act as a lead arranger.
1 min read · 23 November 2017
Non-bank lenders are positioning themselves as partners to SMEs going through transformative events. Andy Thomson hears about perceived opportunity and concerns about the cycle.
10 min read · 08 November 2017
Direct lending platforms serving SMEs have seized the opportunity left by banks retrenching from the market.
5 min read · 08 November 2017
In an historically low-interest-rate environment, the TIAA Private Capital and Churchill Asset Management executive team has seen more investors focused on private debt strategies.
5 min read · 08 November 2017