An analysis of the most successful fundraisers over the past five years shows which players are becoming dominant in private debt.
1 min read · 23 November 2017
Frank Barbarino, senior investment officer at the Office of New York City Comptroller, offers insight on his organisation’s private debt strategy in conversation with PDI.
3 min read · 22 November 2017
Umbrella fund finance facilities can be a convenient and cost efficient option for managers with a number of strategies under one roof. Leon Stephenson and Alex Griffiths of law firm Reed Smith explain why.
8 min read · 22 November 2017
European corporate debt is targeted by BNP Paribas Asset Management as default expectations remain low.
2 min read · 21 November 2017
The asset class has shown the robustness of its returns profile.
1 min read · 21 November 2017
On Fitch’s leveraged loan default watchlist, private equity-backed companies are well represented, but not beyond what one might expect.
4 min read · 21 November 2017
The Korean pension fund has put out an RFP to hire private debt managers for US direct lending mandates.
2 min read · 20 November 2017
In his own words, he was at the epicenter of the financial crisis. Waymond Harris, director of investments at Blue Cross Blue Shield of Michigan, reflects on what happened then – and why the next crisis will not be like the last one.
4 min read · 20 November 2017
Lenders may be left compromised when a deal termsheet does not make clear how much control sponsors have over the transfer of payments.
4 min read · 17 November 2017
Alaska Permanent Fund Corporation – a state-run investment vehicle that distributes dividends to all eligible residents – started investing in private credit before the financial crisis, and sees no reason to pull back now.
3 min read · 16 November 2017