Covenants

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.

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.

Overlooked by many firms, the US lower mid-market can be a fertile hunting ground, according to Metropolitan Partners Group’s Paul Lisiak.

Fund structures are evolving to meet the evolving needs of LPs and the new wave of retailisation.

Head of CVC Credit Andrew Davies and partner Miguel Toney discuss which tailwinds are driving capital solutions in junior credit.

The ability to generate returns rather than pursue asset deployment will distinguish private credit managers, according to General Atlantic Credit’s Tripp Smith.

Lawyers from the PDI Rising Stars Class of 2024 share their thoughts on the key challenges facing GPs and LPs in a rapidly changing market.

Lenders and LPs alike are taking a closer look at the use of artificial intelligence in credit processes and assessing the risk and rewards associated with the technology.

As private credit becomes systemically important, legal considerations must keep pace with the asset class’s growth.