Adalla Kim
The firm’s founder and managing partner says recovery rates on what investors thought were secured loans will be very different to historical precedents.
Looser debt covenants could allow an increasing number of rated Chinese property companies to take out even more debt, says a Moody's report.
Lenders are shifting towards stable assets amid coronavirus-led disruptions.
The latest of its direct lending fund series, launched late last year, aims at an increasing opportunity in the small and mid-sized end of the market in Asia-Pacific.
The chief investment officer at the South Korean pension says the covid-19 outbreak is making it hard to execute a planned alternatives ramp-up.
The two organisations will coordinate on a variety of capital markets financing activities across Asian leveraged finance markets following the deal.
The vehicle has held a first close on $200m and is now in the deployment phase.
Moves by two Canadian pensions have helped pique interest, but India’s bankruptcy code still has its critics. Adalla Kim reports
Large-cap investors saw lower returns on capital over a 10-year period. But for direct lenders, this has not necessarily been the case.
Temporary protections will aim to curb rising bankruptcies of individuals and businesses that have been hit by coronavirus disruption.