Amy Carroll
With portfolios largely intact and banks in retreat, the mid-market private debt industry is ready to declare victory over covid.
Talent retention and succession strategies are gaining greater weight in due diligence processes as gripes over key person clauses grow.
But investors express concern over shifting terms, with a significant minority worried about the extent to which GPs are using credit lines.
The social and economic vulnerabilities exposed by the coronavirus could propel the world of impact investment to new levels.
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