Company stakeholders are to discuss and agree on key details of the firm’s insolvency plan during the next creditor meeting. Interested parties include Bain Capital, Broad Peak, Tor Investment, and Queensland Investment Corporation.
4 min read · 13 August 2020
PennantPark’s Art Penn looks at where market opportunities are arising due to covid-19 and the challenges that lie ahead.
4 min read · 29 July 2020
Is opportunistic credit the next big thing to watch in the asset class? What are others in the markets doing now? Bruce Tomlinson of Sunsuper and Bev Durston of EdgeHaven answer these key questions.
1 min read · 28 July 2020
As the world gradually emerges from lockdown, fund managers are asking whether the pandemic could represent an opportunity for credit markets.
10 min read · 01 July 2020
After a quiet start to the year in private debt fundraising, dislocation strategies have burst on to the scene with their promise of high returns amid the covid-19 turmoil. But without the resources to do proper due diligence, have investors had their heads turned?
10 min read · 01 July 2020
There is a near-term discount opportunity in distressed, but investors need to bear in mind that fund managers may be investing over several years. Alex Odysseos of Houlihan Lokey reflects on the significance of this.
4 min read · 30 June 2020
The vehicle, which will invest in both public and private deals, is 75% larger than its initial target.
2 min read · 23 June 2020
A new report sheds light on the scale of the biggest opportunity for some fund managers since the global financial crisis.
2 min read · 18 June 2020
Bain Capital Credit has beaten a target of $3bn for the third fund in its global distressed and special situations series.
1 min read · 17 June 2020