A US regulation aimed at providing investors greater clarity has resulted in a less engaged BDC shareholder base. Moves to spark change are afoot.
2 min read · 01 November 2018
Symon Drake-Brockman explains that, in the late stages of the credit cycle, a successful strategy in a maturing market may depend on an ability to invest across markets.
6 min read · 01 November 2018
Has the European private debt market had it too good for too long? There are no signs of panic, but nerves are jangling as loose structuring, leverage, competition and political volatility compete to be the asset class’s chief bogeyman.
10 min read · 01 November 2018
As the European market matures, managers must think outside the box to expand their horizons. Andrew Ritchie explains the risks and rewards of diversifying.
6 min read · 01 November 2018
The asset class is at an important junction in its history, both in terms of its growth trajectory and the external pressures it faces. Here are the top themes.
4 min read · 01 November 2018
The mid-market investment vehicle began its shift away from more arcane investments to traditional corporate term loans.
2 min read · 31 October 2018
The vehicle, managed by Darby Overseas Investments, will be used to invest in mid-market companies with at least some of their revenue in US dollars.
2 min read · 31 October 2018
A benign economy won’t last forever, with high leverage and rising interest rates meaning that the cracks are already appearing. PDI caught up with Avenue Capital’s Marc Lasry in this three-minute video.
1 min read · 31 October 2018
In the latest draft amendments to its valuation guidelines, the organisation for the first time looks at debt investments in their own right and not just as part of private equity deals.
2 min read · 31 October 2018
View all the key PDI fundraising data from a series of slides presented to delegates at our recent Capital Structure Forum in London.
1 min read · 30 October 2018
