LIBOR has underpinned financial products for decades. But it could be phased out in less than three years, with huge implications for private debt lenders.
3 min read · 11 July 2019
Structural changes in the trade finance industry present opportunities for lenders, argues Mikael Bonalumi of Audentia Capital Management.
4 min read · 08 July 2019
Reasons for longer-term vehicles in private debt are growing, with one being the requirement to support businesses traditionally backed by banks.
2 min read · 04 July 2019
Peer-to-peer lender funding circle has announced a second closed-ended direct lending fund, this time focused on Germany and the Netherlands, as it slashes its revenue growth forecasts.
2 min read · 02 July 2019
LGT beat its €800m target and more than doubled the number of investors from its previous fund.
2 min read · 01 July 2019
Lawyers offer vital protection to debt funds, ensuring their documentation provides funds, and ultimately investors, with covenants and terms they can rely on. But the practice of equity sponsors designating lender counsel could be leaving creditors in the lurch.
5 min read · 01 July 2019
With huge amounts of capital competing for high quality assets, due diligence processes are under pressure.
3 min read · 01 July 2019
Lending on a non-sponsored basis is growing more slowly than expected but firms are realising a specialist approach might be the key to success.
5 min read · 01 July 2019
Arena Investors’ Daniel Zwirn believes direct lending, leveraged loans and CLOs could be partly responsible for the next financial crash, whenever it comes.
6 min read · 01 July 2019
