PEI Staff
If a dozen private equity firms are vying for a given widget maker in an auction process, chances are there are a dozen different opinions about what an optimal capital structure and financing package might look like. Given that backdrop, direct lenders have a better shot at winning deals with a suite of debt products, says Twin Brook Capital Partners partner Rich Christensen
The lower mid-market is distinguished from the mid-market by limited leverage and other deal structures that can make lenders sleep easier at night. Throw onto that the benefit of acting as lead agent on a deal, and the lower mid-market becomes an attractive place where credit managers can position themselves to win deals, Twin Brook […]
Senior debt could be overtaking from junior offerings as investors look for safety.
There are still pockets of opportunity in this late stage of the cycle – and direct lending in the mid-market is one of the most attractive, writes Clark Coffee, head of Tyndaris Real Estate
Senior debt has claimed the fundraising limelight, but junior capital is still popular and mezzanine may be set for a comeback. Claire Coe Smith reports
Distressed debt investors circling Europe saw slim pickings in 2017. But Vicky Meek detects signs that this year may be different
More Asian investors are committing to US collateralised debt obligations, despite the issue of mismatched durations, says Oliver Wriedt of CIFC
Changes in the ways healthcare is delivered, along with political and regulatory considerations, present pitfalls for healthcare investing. Adam Willis, head of healthcare, and Tim Wentink, managing director in Madison Capital Funding’s healthcare team, consider how to operate successfully
From technology to public policy, healthcare has been rapidly changing in recent years, which has influenced deal activity and the way private equity and private credit firms invest in the sector. Stuart Smartt of NXT Capital discusses investing in the one of the largest sectors of the US economy
When it comes to structuring funds and investor strategy, the consequences of the UK’s vote to leave the EU are starting to become apparent. Samuel Brooks of Macfarlanes explores the key issues