BDC

Private markets’ enthusiasm for the retail space is no fleeting trend, according to data from recent industry studies.

Opening up alternative assets to non-institutional investors, from HNWIs to 401(k) account holders, represents up to $80trn. It’s an alluring pot of capital for an industry with flatlining annual fundraising figures in some asset classes. And yet, multiple headwinds exist, making the journey towards increasing democratisation far from straightforward.

Further technology advances are required to truly unlock the potential of the private wealth market.

The Ohio-based concern’s term loans were primarily underwritten and syndicated by investment banks.

Why the ‘good’ vs ‘bad’ PIK debate is also about junior capital vs senior debt.

The proliferation of covenant-light loans is driving competition among lenders, a recent report says. A Houlihan Lokey executive breaks down the consequences.

Direct tariff exposure remains low, but second-order effects could prove troublesome.

Companies with direct tariff exposure – those that must buy from global sources hit by tariffs – are the obvious candidates for debt default.

The public but non-listed vehicle plans to lend to borrowers with EBITDA of $5m-$50m.

Antares Private Credit Fund caters to institutions, with an eye on private wealth