Senior Debt

Market sentiment towards retail opportunities heats up

Private markets’ enthusiasm for the retail space is no fleeting trend, according to data from recent industry studies.

Democratisation & Transparency: How alternative assets are readying for individual investors

Opening up alternative assets to non-institutional investors, from HNWIs to 401(k) account holders, represents up to $80trn. It’s an alluring pot of capital for an industry with flatlining annual fundraising figures in some asset classes. And yet, multiple headwinds exist, making the journey towards increasing democratisation far from straightforward.

How tech could drive the next wave of democratisation

Further technology advances are required to truly unlock the potential of the private wealth market.

DOWNLOAD: Debt fundraising rings in record Q3

Record fundraising in Q3 for private debt as investors seek stable returns.

Is junior capital PIK’s innocent victim?

Why the ‘good’ vs ‘bad’ PIK debate is also about junior capital vs senior debt.

Mid-market loan recoveries, large corporates, converge

Average mid-market loan and revolver recoveries are down to 66% on a trailing five-year basis.

Coller and Benefits Street agree $2.3bn continuation vehicle

The firms say the deal is the largest single fund continuation vehicle ever seen in the private credit secondaries market.

Churchill Asset Management: A lending revival

Both senior lending and junior capital dealflow are poised for a significant resurgence as uncertainty eases and M&A activity returns, say Churchill Asset Management’s Derek Fricke and Jill White.

Japanese, Korean LPs ramp up GP scrutiny amid macro concerns

LPs from the region are looking more closely at workout capabilities, deal sourcing and back-office staffing when assessing new and existing managers.