Rachel McGovern
For politicians, taxpayers and finance providers alike, the biggest issue facing the UK today is the Brexit vote in June.
Structured credit offers some of the most complex instruments, but the key to success remains credit fundamentals.
Asset-backed lending is the Cadillac of senior secured debt and both borrowers and lenders are waking up to its attractions.
Private equity is renowned for its focus on the bottom line. Lenders lining up to tout their relationships need to bear this in mind when backing the biggest, most aggressive deals.
Credit specialist ICG is bringing asset-based lending veteran Steven Osborne from Wells Fargo’s technology finance team in London on board to help it push into secured lending.
International players pouring money into Indian credit opportunities have an intriguing choice between distressed and performing strategies.
Eurazeo has tapped ICG to support its 100% acquisition of two Swiss hospitality schools.
Impact investor TriLinc hires investment manager adviser Alsis for a credit push into Mexico and Latin America.
It has its critics, but that hasn’t stopped the instrument from becoming increasingly important in the European mid-market. If that popularity is to grow, unitranche lenders will again have to consider cutting pricing.
.jpg?id=12885377095 "Unitranche deal count almost doubles in Europe – study")
Unitranche grew significantly in 2015 and non-bank lenders are making in-roads in an increasingly competitive market, a survey by AlixPartners shows.