September 2019 issue

Software and technology is one of the most promising growth sectors in the US direct lending market, with a shift to cloud computing helping support an attractive opportunity set, says Brent Humphries, president of AB Private Credit Investors

Direct lending in the mid-market has changed over the past five years. As Twin Brook Capital Partners approaches a milestone anniversary, founder and managing partner Trevor Clark discusses the state of the industry and how it has evolved since 2014

Whether it is high leverage levels or covenant-lite loans, there are plenty of issues weighing on fund managers’ minds, say Kevin Griffin, CEO and CIO, and Greg Racz, president, of MGG Investment Group

As private credit continues to see substantial growth in AUM and capital continues to concentrate around the largest GPs, Jess Larsen says others must adjust for a tougher environment.

Lending to non-sponsored businesses or underbanked industries requires greater resources but can generate higher returns, say Robert O’Sullivan, Greg Reynolds and Jason Gelberd of Comvest Partners

Can the statistical model that revolutionised a great American sport be applied to private debt? Tom Quimby, managing partner with Tree Line Capital Partners, thinks it can

The growing size and complexity of the private debt market requires ever more responsive administrative systems to meet investors’ and regulators’ demands, say Maximilien Dambax and Tom Gandolfo of Alter Domus

Asking a few simple questions can reveal the essentials of a manager’s leverage strategy and its ability to protect investors’ interests, writes NXT Capital’s Neil Rudd