Guest Writer
In a time when supply has been unable to meet demand, lenders have been kept on their toes finding innovative ways to oil the wheels of the economy. Bob Dean and Charles Sharf of White Oak Commercial Finance explore some key trends.
The value of the global asset-based finance market is estimated to be $4.5trn and growing. Pollen Streets's Matthew Potter give and insight into the role non-bank lending has to play in reforming capital markets.
Credit funds are making significant leaps forward in how they tackle ESG risks in the portfolio and at firm level, but there is much more to do, say Bridgepoint Credit’s Hamish Grant and Cathy Wang.
Private debt may have been later to embrace ESG than private equity, but industry approaches are evolving quickly, says Kartesia’s Coralie De Maesschalck.
A thoughtful approach to responsible investment is required to meet the ESG needs of private debt investors, say CORDET’s Christian Ovesen, John Sealy and Henrik Wikerman.
Private debt has a critical role to play in driving positive societal and environmental impact globally, says chief impact officer and deputy chief executive officer at BlueOrchard Finance, part of Schroders Capital, Maria Teresa Zappia.
It’s time for investors to act on climate change, writes Amit Bouri of the Global Impact Investing Network.
As credit managers get more sophisticated on ESG, the tools they can use to drive progress in their portfolios are also advancing, says Nathan Brown, chief operating officer at Arcmont Asset Management.
Direct lenders may not have the same level of strategic control of companies as private equity firms, but expectations around ESG are no different, say Permira Credit CEO James Greenwood and Permira’s head of ESG Adinah Shackleton.
Credit investors can no longer afford not to have environmental, social and governance issues front of mind, say Ares Management’s Blair Jacobson, Carl Helander and Adam Heltzer.