PDI Staff Writer
Mid-market borrowers will struggle to generate enough cashflow to cover interest expenses, according to KBRA. Plus: the UK and senior debt closed-end funds dominate Europe's debt fund market; and S&P finds negative rating pressure building. Here's today's brief for our valued subscribers only.
The PDI Awards are back and now is the time to nominate your firm in any of our 54 categories that cover global private debt activity across fund management, investment and advisory.
UK investors are shifting their allocations from private markets to fixed income, a bfinance poll finds. Plus: a new firm is launched for the US lower mid-market; and defaults are going up, including in the highly favoured healthcare sector. Here's today's brief for our valued subscribers only.
It's a more complex, specialist world of investing. Further thoughts arising from our Europe Summit. Plus: signs of slowing growth in US commercial property; and European leveraged loan issuance plummets. Here's today's brief for our valued subscribers only.
In a new paper, PGIM considers what priorities private market investors should have in a changed world. Plus: Deloitte notes a strong first half of the year for European deals, as the second half looks tougher; and Angelo Gordon and Precis Capital add to their teams. Here's today's brief for our valued subscribers only.
Golub finds mixed news in the US mid-market. Plus: investors at our Europe Summit say the fundraising door will not slam shut; and QIC adds to its multi-sector private debt team. Here's today's brief for our valued subscribers only.
Our Europe Summit 2022 brought together record numbers of private debt professionals to discuss the vagaries of today's market – we bring you some key highlights. Plus: S&P finds 'weakest links' on the rise; and FirstAvenue hires two credit specialists. Here's today's brief for our valued subscribers only.
We take a look at all the latest key trends in Europe in a new report. Plus: Monroe Capital sees private credit benefiting at the expense of leveraged loans and CIFC and AlbaCore announce new hires. Here's today's brief for our valued subscribers only.
We take a look at who's winning at the deal negotiating table – borrowers or lenders. Plus: volatility is a virtue according to Churchill's Kencel; and Benefit Street launches a multi-strategy fund. Here's today's brief for our valued subscribers only.
Oaktree points to an expanding distressed opportunity. Plus: a white paper warning of private credit risks; and the latest key industry hires. Here's today's brief for our valued subscribers only.