Andy Thomson
The M&A market is proving sluggish, meaning credit funds reliant on the private equity-sponsored arena are facing a challenge. Creativity is the way to respond.
Andrew Bellis, head of private debt at Partners Group, discusses the complementary nature of the broadly syndicated loan and private debt markets.
Concerns over changes that may be made to capital gains tax have put private equity firms on red alert – with knock-on effects for the private debt industry. PDI discusses developments with Claire Madden of Connection Capital.
Credit is a huge market overall in Asia-Pacific but private debt represents only a small proportion. Andrew Schantz of Bain Capital outlines the opportunity ahead.
Infrastructure debt bucked the slow fundraising trend that restrained many parts of the private markets in 2023.
It’s a topic that will be under consideration at our upcoming PDI Germany Forum: the likelihood of risk-averse investors being tempted by private debt’s ‘next big thing’.
Insurance companies are already private debt’s most committed supporters, but the relationship has the potential to deepen further.
In a podcast released this week, Raymond Wright of London CIV broaches the issue of systemic risk in private debt. If LPs are concerned, GPs should be too.
In the latest Private Debt Investor Podcast, Raymond Wright of London CIV tells of his wariness around loans passing from regulated bank balance sheets to an unregulated market. But he has high hopes for the asset class in areas such as asset-based finance and secondaries.
Regulatory concerns focus on private debt’s perceived growth into new areas – but capital is flowing into an already well-trodden part of the market.