Ares is among fund managers targeting this booming area in the alternative lending space
Fund sizes in private markets look set to stagnate over the next 12 months, but investors are more optimistic about debt
Getting a fairness or valuation opinion on a private equity GP-led secondaries transaction is a straightforward, albeit costly, task. But in credit secondaries, the rule change creates a cumbersome burden.
London has played a bigger part in Michael Carruthers’ life and career than he might have imagined.
The credit review process is a prime candidate for early adoption of artificial intelligence
Infrastructure debt isn’t immune from the turmoil in the wider market, but it does offer protection for investors.
Policymakers are looking at whether private debt poses a risk to the financial system, while defenders of the industry challenge some of the assumptions being made, says McDermott Will and Emery's Aymen Mahmoud.
Fundraising may have slowed, but US private debt still looks resilient.
Inside: How will NAV finance survive its toughest test?; A special report on infrastructure debt; Payment in kind – a useful tool or hidden default?; Expert comment from Schroders Capital and Nuveen; Plus much more…
The German market is branching out from unitranche to other types of financing, as well as seeing innovations in documentation, write Thomas Weitkamp, Rainer Adlhart and Anna-Maria Kuckerz of Latham & Watkins