March 2014 Issue

Our first annual review takes a look back on a big year for private debt: the top stories, the key trends, what's in store for 2014 and the results of our inaugural awards.

Europe’s ‘Latin’ nations offer a wealth of opportunity for canny real estate debt investors, write Francesca Galante and Cyril de Romance, co-founders of First Growth Real Estate Finance.

PDI talks with Venn Partners about the Firm's new RMBS issuance platform.

TPG’s last two buyout funds have disappointed. Fortunately, the firm’s credit and debt strategies have offered top-quartile returns.

Private debt funds have a major part to play in cleaning up the balance sheets of European banks.

A new initiative looks to marry investors to companies seeking to raise small amounts of debt financing.

When KKR Asset Management provided a €320m financing package to help ailing Spanish construction company refinance its debt, it underlined the firm’s willingness to buck conventional wisdom, writes Oliver Smiddy.

Long known as a private equity firm, Kohlberg Kravis Roberts has spent the last half-decade building out its mezzanine, special situations and direct lending capabilities. Sam Sutton spoke with some of KKR’s top professionals to explore how they have navigated that transition.

Banks are becoming more active and more aggressive debt providers, but with impending regulations threatening to curb risky financing, the future of the lending landscape  remains unclear.

As debt and interest costs rise in India, investors are stepping in to help banks and corporates alike clean up their balance sheets.

Significant reforms of the way Indian banks address non-performing assets could pave the way for a properly functioning distressed debt market in India, our correspondent writes.