Private credit lenders and other alternative sources of capital are already stepping in to work with national and regional US banks to restructure loans.
6 min read · 09 February 2024
The bankruptcy of the bank’s parent is redefining how ‘Silicon Valley’ functions, and has highlighted the vulnerability of banks.
3 min read · 12 January 2024
A new white paper also finds opportunities in the troubled waters, but only for ‘transformational capital’.
3 min read · 08 January 2024
The long cycle has meant a dearth of workout specialists as lenders and borrowers seek to modify loans.
5 min read · 03 January 2024
When the value of a brand is seen to have eroded, the chances of a company emerging as a going concern are significantly depleted.
2 min read · 21 December 2023
In a split-screen moment, defaults are down but speculative defaults are up. Moody’s forecasts spec default rate will peak at 4.7% in early 2024.
2 min read · 01 November 2023
The Miami-based firm has garnered investments from some of the biggest institutional investors including CalSTRS and Mubadala.
2 min read · 26 October 2023
No-one should expect a sudden 2008-style surge in non-performing loans, but economic headwinds are expected to eventually translate to a promising opportunity set.
2 min read · 12 October 2023
Second vintage of distressed and dislocated credit fund also beats its target.
2 min read · 04 October 2023
Managing directors Steve Poon and Ming-Hau Lee, who both specialised in China special situations, left the firm in September to explore new opportunities, PEI has learned.
3 min read · 03 October 2023
