Guest Writer

Allvue’s Ryan Crowell takes a look at a private debt fundraising market that he believes is experiencing a second wind.

Private debt should have a major role to play in all sizes and types of project finance, according to David Rose of the Project Finance Exchange.

In the film The Big Short, Mark and Vinny from FrontPoint Partners confront one of the credit ratings agencies as the housing bubble is on the cusp of imploding. ­

Private debt managers appear to have weathered the storm well so far. But they are focused on safer assets and wary about a volatile environment in 2021, says Jacco Brouwer of Duff & Phelps.

The shift from LIBOR as a reference rate for many types of transaction may have been delayed, but that’s no excuse for a lack of preparation among private debt firms, say Jennifer Press and Aaron Read of Duff & Phelps.

Subscription lines clearly earned their stripes last year as companies came under unprecedented liquidity pressures. Richard Wheelahan examines what 2021 has in store for the fund finance market.

The expectation that unitranche financing will outcompete senior bank financing in the European sponsor-led mid-cap market may be misplaced, says Johan Hultner.

Debt markets are facing their toughest time since the global financial crisis, but developments in sustainable finance give reasons to be optimistic, according to Knight Frank's Lisa Attenborough.

On the lookout for asset bubbles, Dan Zwirn of Arena Investors finds one part of the market characterised by potentially troubling dynamics.

Timeframes for taking advantage of dislocation opportunities following crises have compressed, according to David Allen of AlbaCore Capital Group. Those who reacted fastest after the initial wave of the pandemic were rewarded most.