Guest Writer

There is still caution to be overcome, but borrowers are increasingly turning to non-bank lenders due to accommodating regulation and various perceived benefits, say Giancarlo Castorino, Nicolò Perricone and Giulia Venanzoni.

Current monetary policy and economic conditions are creating favourable conditions for the asset class says Bruce Richards of Marathon Asset Management.

Payment in kind is an option which, due to interest rate rises, is increasingly in demand from sponsors and borrowers. Lenders must make sure they are applied only in appropriate circumstances, say Daniel Hendon and Phil Anscombe of Proskauer Rose.

Mezzanine finance has never gone away completely but is now experiencing a strong revival. Steven Ruby and Rahman Vahabzadeh of Audax Private Debt explain why.

Asset-based lending has grown in popularity over the past decade and could receive a further boost as banks retrench, writes SG Credit Partners' Charlie Perer.

Konstantin Danilov of VRS Restructuring Services examines the factors affecting the financial markets.

Employee co-investment programmes can be an attractive offering for fund managers, but setting them up means overcoming various obstacles, writes Nathalie Sadler of law firm Dechert.

A few years ago there were doubts about whether the credit secondaries market had become fully established. There seems little room for such a view these days, writes Daniel Roddick.

With markets facing a severe imbalance of supply and demand for credit, private debt funds stand to benefit if they can harness the opportunity.

This could finally be the year when stressed situations take off, but you need to be able to see them coming and take appropriate action, say McDermott Will & Emery's Mark Fine and Giulia Venanzoni