John Bakie
Lending on a non-sponsored basis is growing more slowly than expected but firms are realising a specialist approach might be the key to success.
After a six-month trial the industry bodies have decided to part ways.
Firm believes growing volatility in credit markets is likely to create more opportunities to acquire undervalued debt.
The platform lender is making its first major foray into more conventional private debt, but will continue to focus on providing SME loans.
Although portfolios are strong, political uncertainty and originating good deals pose risks for private debt providers.
Regulation and central bank stimulus changes are set to increase opportunities to acquire European debt.
Polish investor hopes to tap western European investors to invest in private debt across Central and Eastern Europe.
PDI met up with the head of the Alternative Credit Council, Jiří Krόl, to discuss the latest trends in the industry and the ACC’s work on tackling risk levels and European regulation.
The appointments are part of the manager’s efforts to grow the team it set up last year.
Although unfavourable deal terms have been in the spotlight, they are not the only cause for resentment among lenders in today’s market.