PDI Staff Writer
From sub-line financing to cybersecurity, there are shifting landscapes that private debt managers will need to be on top of.
As we near the end of the current cycle, the maturing private debt industry hits a crucial stage in its evolution. Cesar Estrada, State Street’s head of product management for private equity and real assets fund services, explains how fund services will play a part.
Company weaknesses are beginning to be exposed in Europe, so how private debt managers position themselves to take advantage is crucial. PDI discusses key market themes with three senior partners from EQT Credit.
The firm’s credit branch exited the bulk of its direct lending assets after ending its sub-advisory relationship with FS Investments’ BDCs.
The healthcare-focused lender provides both debt and equity strategies to life science companies worldwide.
The fund closed right at its target and plans to lend to US-based, upper mid-market companies.
The Institutional Shareholder Service recommends voting in favour of the proposed transaction, despite more than 11% of MCC shareholders coming out against it.
The two entities created a joint venture with $125m of committed capital with the hope of acquiring additional financing.
MCC has faced scrutiny from shareholders over plans to merge with MDLY, despite an independent committee finding it to be the best option for the portfolio's performance.
Fundraising eased off last year as concerns about the global economy grew. Find out all the details in our interactive report.