Opportunistic Credit

RBC BlueBay Asset Management’s Mihai Florian explains why it might be time for investors to consider previously overlooked private credit opportunities in emerging markets.

While liability management exercises have become dramatically more common over the last few years, taking a long-term view of a company’s capital needs remains crucial to their success, say Latham & Watkins’ John Sobolewski and Joe Zujkowski.

Souring customer relationships can have an outsized effect on future deals in what is a relatively small segment of the industry.

The next few months could represent a crunch point for opportunistic and distressed credit managers as long-term interest rate challenges hit portfolios.

Why understanding the reasons behind a company’s struggles – and whether they are cyclical or structural – is crucial to evaluating investment opportunities, our nine-part strategy guide explores.

Resilience is the name of the game when it comes to organising downside protection in distressed strategies.

The ways in which lenders evaluate their capital structures are being scrutinised by LPs when deciding between opportunities in this competitive segment of the market.

Diversification across sectors and asset classes is a key consideration for opportunistic and distressed credit managers, but approaches to portfolio construction differ depending on allocator appetite.

Regulatory and legal considerations should be embedded in underwriting from the outset – particularly when operating across multiple jurisdictions.

Geopolitical turmoil, higher interest rates and the impending maturity wall are causing a surge in appetite for opportunistic and distressed debt.