March 2019 issue

Europe winners and runners-up of the PDI annual awards 2018.

Asia-Pacific winners and runners-up of the PDI annual awards 2018.

We look at the factors that have been straining the market over the past year.

The country’s embattled developers are turning to the private market to service debt and grow business.

In the days of covenant-lite deals, asset-based lending provides refreshingly favourable terms for lenders with the requisite expertise.

Jaime Prieto, managing partner at European lower mid-market private debt manager Kartesia, talks about the opportunities presented by Brexit, Emmanuel Macron and the non-sponsored market.

Francesco Battazzi is the head of diversified debt funds investments at the European Investment Fund, an EU institution focusing on SME finance. He offers his view on the future of private debt in the continent.

The Americas winners and runners-up of the PDI annual awards 2018.

PDI's annual awards recognise the achievements of the private debt industry’s leading lights in 2018. Find out more.

The global winners and runners-up of the PDI annual awards 2018.

A willingness for funds to offer leveraged options is enticing more investors from the other side of the Atlantic.

Trust managers too much and you could end up following them into uncharted territory, warns Trevor Castledine in conversation with John Bakie

As the cycle has worn on, memories of the global financial crisis have faded – and so have credit agreement standards. Andrew Hedlund reports

Stretched senior is a relatively new and potentially risky form of unitranche debt, maintains John Bakie

Fundraising was down last year, but distressed investors take heart from the gathering political storm clouds, reports David Turner

A 25-year-old once got the ultimate vote of confidence from an industry veteran. Now co-founder and executive chair of Varde Partners, Marcia Page tells Andrew Hedlund how she hopes other young women will get a similar boost

Direct lending does not necessarily mean clashing horns with the banks. Paul Burdell of LCM Partners reflects on his firm’s partnership with originators that has customer retention as its primary focus

With banks in retreat on all fronts, private real estate debt has become an attractive asset class for investors seeking certainty. By John Bakie

Carey Davidson, partner and head of capital markets at mid-market lender Monroe Capital, offers her outlook on the debt market and provides tips for women exploring a career in finance

Many senior women in private debt attribute the imbalance in the asset class to a lack of relevant education and recruiting directed towards young women. Rebecca Szkutak reports

Equita is poised to raise a second private debt fund later in the year. Head of private debt, Paolo Pendenza, says the firm will be targeting unitranche and subordinated PIK

The private credit industry is a relationship business. Spending time with decision-makers is critical to engaging per­spectives you may not have considered, says Jennifer Yount of law firm Paul Hastings

You’ve been working together for more than a decade. How would you say industry dynamics for women have changed over the years? Kim Trick: Yes, we’ve been working together for over 10 years. I joined JP Morgan Chase in mid-market underwriting just two months before the impact of the recession became apparent in 2008 – […]