Andy Thomson
Alcentra is poised to take advantage of European banks being forced to address bad loan issues and the lending constraints they are under. David Forbes-Nixon and Paul Hatfield discuss the detail.
The year ahead looks set to be one of significant change for private debt. PDI examines what 2017 has in store.
Mid-sized funds may grow significantly to exploit continuing strong demand from LPs.
bcIMC is buying into Hayfin itself as well as committing capital to its funds. Four current shareholders are selling their positions.
The investment bank and pension fund have joined forces for a senior financing initiative focused on the European mid-market.
Amid fears that the market has been getting overcrowded, LPs stepped back from senior debt strategies last year.
Market sources are not predicting a reversal of last year’s decline in capital raised, but support for the asset class remains strong.
.jpg "Debt funds edged out by banks in Germany")
A new report shows that the share of German LBO debt financing accounted for by funds declined from 26% in 2015 to 18% last year.
The private equity firm’s debt management arm is sole lender in a refinancing of LDC-supported Away Resorts.
A new report from S&P Global is not expecting dramatic change as a result of the European Central Bank’s draft guidance on leveraged deals.