Home Mid-Market
Mid-Market
Dividend recapitalisations also trend up, but only among higher-rated borrowers.
New Mexico’s sovereign wealth fund wants to put more than $1bn toward private debt per year.
What might the maturity wall bring? And will banks be back in force in the SME lending space by 2028?
Campbell Lutyens also finds concerns among investors that private credit is growing too quickly.
Lenders are stretching terms amid an overabundance of dry power and too few deals.
The multi-private markets vehicles will be distributed through wealth advisers and aims to tap into vast markets for individual investors.
We believe lending to smaller business has some distinct advantages for investors, says Trevor Clark, founder of TPG Twin Brook.
Convergence in the upper mid-market is creating opportunities, say Kevin Lawi and Christopher Kempton of the Credit Investments Group, UBS Asset Management (formerly Credit Suisse Asset Management).
All the signs show that the tide is beginning to turn.
TPG says it has expanded its sponsor network and completed almost 200 transactions.