Andy Thomson
As the private debt asset class continues to grow fast, it is struggling to ensure that administrative aspects keep pace.
A striking 90% of fund manager respondents said they had identified improvements that needed to be made to their operational management around loans.
Josefa Llinares, a deal sourcing specialist, has had previous roles with Taconic Capital, Triton Partners, Barclays Capital and Deutsche Bank.
Investors should take a second look at the country as entrepreneurs seek finance for growth.
This means there is less for investors in a post-default recovery, according to this analysis of market conditions from two senior S&P professionals.
ESO Capital Partners is acquiring Core Capital Partners, the UK private equity firm, enabling the combined group to invest across the capital structure.
Some London pension funds have decided to move into the private debt fast lane. There are risks, but they’re right to do so.
The manager, which closed its latest fund on €870m in October last year, has provided a unitranche loan for Riga, Latvia-based GroGlass.
Rather than piling into distressed strategies based on a hunch about the cycle turning, LPs may be better off diversifying by type of manager.
The latest in the firm’s special situations series is almost twice as big as its predecessor and has $350m set aside for a ‘fund of one’.