November 2016 Issue

Fund manager Monroe Capital spreads itself far and wide in the quest to build relationships with small to mid-sized companies. With a new fund freshly raised, PDI talks to its senior leadership to find out more about the firm’s origination efforts and how it runs the rule over prospective investments.

PDI sat down with five business development company experts to discuss key developments in an industry that is constantly evolving.

The growing success of marketplace lending is capturing the attention of institutional investors and the regulators. 

Marketplace lending is growing rapidly and regulators are attempting to keep up, but in Europe there is little consensus on which route to take next.

Senior debt is not the most glamorous of strategies, but in today’s environment investors are keen to grab a slice of the (predictable) action.

In New York, Hong Kong and Osaka, private debt leaders have been wrestling with some weighty issues. PDI was at three conferences taking the industry’s pulse.

Investor nerves may have been rattled by the UK’s vote to leave the EU, but delegates at MIPIM Japan say they are being settled closer to home.

Benoît Durteste, executive director and head of European investments at ICG, discusses current market conditions and why national shocks will not eliminate investors’ appetite for yield.

Delegates at PDI’s Asia Forum were hoping for a bigger slice of global private debt allocations, but concerns over the region are never too far away.

Both the size and achievements of the marketplace lending industry should be placed in perspective, argues Ivan Zinn of Atalaya Capital Management.