PEI Staff
Paul Johnson, a partner at EQT Partners, investment advisor to funds within the EQT Credit platform, talks to PDI about mid-market private debt opportunities in Europe, and his outlook on the current credit cycle.
As larger players move in, the lower mid-market is getting more crowded. But having scale alone does not guarantee success, explains Grant Haggard, partner at Twin Brook Capital Partners.
In a competitive mid-market, a strong deal pipeline is important but effective fund management is also a powerful tool for driving returns, explains Robert Radway,
CEO and chairman of NXT Capital.
As the US private debt industry has evolved, so have the demands on mid-market managers. Tim Houghton and Mike Fredian of Cortland, part of Alter Domus Group since March 2018, offer PDI a fund administrator’s
take on the market.
In an environment where private equity sponsors are demanding flexibility, managers need to be selective, Walter Owens, chief executive of Varagon Capital Partners, tells PDI.
As the mid-market debt space matures, Christopher Taylor, managing director at Madison Capital Funding, offers insight on an evolving market while reflecting on his own pending ascension to CEO.
Just over a year after launching BC Partners’ debt arm, Ted Goldthorpe, managing partner of BC Partners Credit, offers insight on the US mid-market deal-making landscape.
Nearly six months on from his firm’s acquisition by First Eagle Investment Management, Tim Conway, NewStar Financial’s founder and current head of private credit, gives his take on senior debt strategies in the US mid-market.
Three years after joining TIAA-owned Nuveen, Churchill Asset Management’s president and CEO Ken Kencel and head of origination and capital markets Randy Schwimmer continue to make their mark by drawing on their deep industry roots and extensive network of relationships.
For mid-market managers seeking differentiated deals, Europe’s non-sponsored space is a big draw. But a local presence is vital, says Jaime Prieto, managing partner with Europe-focused manager Kartesia.