July/August 2019 issue

Lawyers offer vital protection to debt funds, ensuring their documentation provides funds, and ultimately investors, with covenants and terms they can rely on. But the practice of equity sponsors designating lender counsel could be leaving creditors in the lurch.

While new fund launches have slowed down significantly, those funds that are in the market are bigger than ever.

With huge amounts of capital competing for high quality assets, due diligence processes are under pressure.

Canada's recently legalised Cannabis market could be a major opportunity for debt funds looking to diversify.

Nationwide Insurance's managing director and head of private debt discusses his love of Pink Floyd and treating yourself as a growth stock.

Arena Investors’ Daniel Zwirn believes direct lending, leveraged loans and CLOs could be partly responsible for the next financial crash, whenever it comes.

ESG hasn't always been private debt's strong point, but many in the industry are working hard to address this.

Benign market conditions in recent years have hurt distressed debt performance figures. Should investors ditch the strategy or are the right market conditions just around the corner?

Traditional lenders have had the upper hand in the region, but Sweden and Denmark are now seeing direct lenders claim market share.

Investing in the energy sector can be complicated and BDCs are steering clear of lending to the sector, but targeting the midstream could be the key to making oil and gas work for private debt funds.

Steven Miller and Jessica Reiss of Fitch Solutions examine the subtle changes to credit agreements that could pose a danger when today’s deals are affected by the next downturn.

Lending on a non-sponsored basis is growing more slowly than expected but firms are realising a specialist approach might be the key to success.

Private equity firms are meeting increased demand for impact strategies from institutional investors, but are we seeing the same trend in private debt?

Gabriella Kindert on how the experience of setting up a private debt investment team made her an even stronger believer in diversity.

New directive will liberalise regulations for managers during the earliest stages of fundraising.