Andy Thomson
Laurent Benard, managing partner of French fund manager Capzanine, explains why he is happy about the lack of headlines surrounding French private debt.
Regulatory pressure on banks, increasing sophistication within the LP base and a growing appetite for non-bank finance from companies not sponsored by private equity firms are among the reasons why private debt appears to have a promising future. A select group met to discuss the evolution of the asset class.
A panel session on day two considered topics such as return expectations, fees and risks from the investor perspective.
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PDI reflects on some of the main talking points at our gathering of asset-class luminaries.
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In an onstage interview, GSO's Bennett Goodman also cited hotels and auto as sectors being heavily impacted by the internet.
The Toronto-based investment bank has launched a new financing arm to address a perceived debt funding gap for growing companies.
The London-based credit investor completed a £200m deal last week having also recently completed its first transaction in France.
Former CPPIB double act David Allen and Bill Ammons are to be reunited at the former’s new fund, AlbaCore Capital.
According to sources, HPS Investment Partners is close to a second close on its European Asset Value Fund.
Up to now, private debt fundraising has had a distinctly American flavour. Logically, this should change.