Distressed & special situations

The burgeoning direct lending market in India offers huge potential but there are key nuances that GPs and LPs need to consider, says True North’s Kapil Singhal.

Investors prioritise asset-based finance and special situations as direct lending margins come under pressure, our LP Perspectives 2026 Study shows.

Is the problem a mark-to-model issue or the lack of a sound business plan by a mid-market concern?

Entries for the PDI Awards 2025 must be received by midnight (PT) on 21 November.

Independent enforcement is a superior alternative to M&A and workout processes, maintains Dagmar Gold of Deutsche Pfandverwertung.

Germany’s Perpetual and Lithuania’s Willgrow are targeting new or niche areas of illiquid credit, as double-digit returns get harder to come by from the asset class.

Entrants now have until 21 November to submit their entries for the PDI Awards 2025.

Entries for the PDI Awards close on 14 November.

The world’s largest asset manager and its recently acquired private credit business are among the victims of the alleged fraud by entities now in bankruptcy.