Guest Writer
There is a near-term discount opportunity in distressed, but investors need to bear in mind that fund managers may be investing over several years. Alex Odysseos of Houlihan Lokey reflects on the significance of this.
The need to support smaller businesses has increased hugely in the wake of the pandemic. Claire Madden of Connection Capital examines the options, including for mezzanine finance.
Excuse rights are a tool for LPs to avoid being committed to investments they would rather avoid on environmental, social or governance grounds, but they can create difficulties for fund managers. Winston Penhall of Reed Smith explains why.
Companies are being supported by government loans, but at what cost in the long run? Jacco Brouwer of Duff & Phelps looks at how lenders and borrowers are responding to the crisis.
Focus on manager experience increasingly extends beyond originations and new deal underwriting, says Twin Brook’s Drew Guyette
While the eyes of many are on loan documentation, Nicole Downer of MV Credit says the focus should be elsewhere, including fostering solid relationships with sponsors.
Businesses are functioning very differently in the wake of the outbreak. George Ralph of RFA sees some of these changes as permanent and desirable.
In the face of a crisis, GPs need to keep cool heads. Howard Beber, Chip Parsons and Ashley Sun of Proskauer outline what managers’ key priorities should be today
The non-performing loan tinder box has been ‘set alight again’, according to Adrian Cloake of LCM Partners.
It’s far from business as usual, including in direct lending, but opportunities may be found in non-traditional areas. Jon Barlow of Finitive identifies some of the key ones