John Bakie
Debt funds could provide a countercyclical source of credit during the crisis, but there are concerns about the impact of cov-lite.
Despite a strong third quarter, a slow market earlier in the year means 2019 transaction numbers remain lower than the previous year's.
Industry pay is high across the board but qualifying for carried interest can make a significant difference to annual remuneration.
The role will take responsibility for providing access to alternative assets for defined contribution pension funds.
Three professionals with decades of experience have joined the firm from Aergen Aviation Finance.
The hire gives Kartesia’s senior debt vehicle a local presence in all its target markets across Europe.
A recent survey by Private Debt Investor underlined the growing popularity of asset-based lending among investors. But although opportunity exists, John Bakie finds there are also barriers to entry
High levels of debt have come at a time when credit quality is declining and record numbers of BBB bonds have been issued.
Amid a major downturn in fundraising activity, distressed debt funds are bucking the trend, indicating that investors see difficult times ahead.
The UK's regulator has thrown its support behind the SONIA benchmark as a replacement for LIBOR, which could have knock-on consequences for private debt documentation.