John Bakie
Rising barriers to entry in direct lending mean the grown of new debt fund managers could be at an end.
Continued pressure on banks, the development of the German market and the evolution of large funds were key issues raised.
Capital committed to real estate debt has held up well.
David White joins Tunstall following its first debt vehicle fundraising to grow its loans business.
Covenants continue to loosen in Q3 across several areas including margin protection and the way leverage is calculated for acquisitions.
Investing in funds, co-investment and joint products are all expected as a result of collaboration between the two firms.
Distressed fundraising falls back as senior debt funds lead.
The US and Asia are experiencing a wave of large distressed debt and restructuring deals.
We look at which products are in highest demand among borrowers.
Greater flexibility and higher returns were key reasons to back new fund managers.