Payment in kind is an option which, due to interest rate rises, is increasingly in demand from sponsors and borrowers. Lenders must make sure they are applied only in appropriate circumstances, say Daniel Hendon and Phil Anscombe of Proskauer Rose.
5 min read · 23 June 2023
The French manager, and joint venture partner Altarea, have committed €200m of initial capital to their first dedicated real estate debt vehicle.
3 min read · 21 June 2023
Mezzanine finance has never gone away completely but is now experiencing a strong revival. Steven Ruby and Rahman Vahabzadeh of Audax Private Debt explain why.
4 min read · 14 June 2023
For GPs with funds in market, any extended fundraising delay could cause headaches, as they have deadlines to meet, deals to close and employees to pay.
4 min read · 23 May 2023
Moves will see his former co-head Boulanger leave and Small assume responsibility for direct lending in Europe.
3 min read · 19 May 2023
CEO Mukang Cho says the firm will target structured debt investments in the office sector.
3 min read · 18 April 2023
The fund, which exceeded its $9.5bn equity target, has invested approximately $6bn in subordinated debt in 24 investments.
2 min read · 11 April 2023
Despite the macro pressures, these are the best of times for those prepared to be selective and understand where the best deals reside, says Zach Lewy, CEO, CIO of Arrow Global.
8 min read · 01 March 2023
Including target leverage and SMAs, the credit solutions fund is Crescent’s largest yet.
2 min read · 24 February 2023
