Volatility has made unitranche an appealing option in a market where some syndicated deals are requiring an increase in pricing to get across the finish line.
3 min read · 04 October 2019
The alternative lender backs both sponsored and non-sponsored businesses with its flagship fund series.
1 min read · 01 October 2019
Ironically, BDC first-lien assets have increased in recent years, but a larger share of BDC assets are considered distressed than the overall secondaries market.
2 min read · 26 September 2019
Unitranche has found favour post-GFC as a result of its simplicity. But investors should make sure not to ignore it goes much deeper in the capital structure than traditional first lien senior secured debt.
3 min read · 26 September 2019
The firm’s founder took a position early on in its development that modest goals and bold ones required similar effort to achieve. So why not aim high?
4 min read · 23 September 2019
The Korean investor is to allocate $250m to North American and Asian mid-market corporate lending strategies.
1 min read · 11 September 2019
It also has positions in two other business development companies: Great Elm Capital Corporation and MVC Capital.
4 min read · 27 August 2019
The fund hopes to avoid slow origination through a deal with ING Bank.
2 min read · 27 August 2019
The fund manager has significantly expanded its presence across Europe in anticipation of opportunities from banks deleveraging.
2 min read · 23 August 2019
Growing levels of corporate debt, particularly leveraged loans, may leave firms vulnerable in the next economic downturn.
2 min read · 06 August 2019
