Guest Writer

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.

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

There is an opportunity for private debt firms to work with private equity sponsors on ensuring a more sustainable approach to investing

The rise of new reporting frameworks should help debt funds with disclosure requirements, says John Anderson, international counsel at Debevoise & Plimpton.

The region presents untapped opportunities for private debt investors seeking to contribute to the Sustainable Development Goals, despite the challenges of the pandemic, writes Ben Jackson.

The private debt asset class has matured to the point where the secondary market is beginning to develop scale, with a range of opportunities emerging, says Daniel Roddick

Liability management transactions are undertaken by companies to restructure liabilities on their balance sheets. Bryan High of Barings, Mark Liscio of Freshfields and Sanjeev Khemlani of FTI Consulting explain their current popularity.

Net asset value-based facilities are the latest example of how financing for private equity has moved away from the banks.

Many private funds ran up against their boards and auditors in the process of valuing their portfolios at the beginning of the covid pandemic. Valuations firm VRC reviews some examples of how, and the lessons learned.