PDI Staff Writer
The private credit markets in Europe are in good shape to withstand an economic shock, with technology set to reduce risks and increase efficiencies for managers, says Keith Miller, global head of product – private debt at Apex Group.
As public markets adjust and opportunistic credit comes alive, there are plenty of reasons to be excited about private debt, says Andrew Konopelski, managing partner at Bridgepoint Credit.
With prudent investment strategies, Permira Credit’s David Hirschmann argues that private debt can be a bastion of resilience during the economic downturn.
The Nordic region provides a huge market for private debt investors, says Capital Four CEO Sandro Näf.
Portfolio compositions are evolving in Europe to give greater weight to real asset-backed credit. Accessing that opportunity requires on-the-ground expertise, say Arrow Global’s Zach Lewy and John Calvao.
There are many reasons to favour the smaller cap deals in times of economic uncertainty, argue Klaus Petersen and David Wilmot, founding partners, and Louis-Matthieu Heck, partner, at Apera Asset Management.
Dislocation is creating opportunities for lenders and driving changes to fund structures, say Luke McDougall, co-chair of the global finance practice, and Diala Minott, private funds partner, at Paul Hastings.
Direct lenders in Europe have gained ground in the absence of syndicated lenders, and are unlikely to look back, says Adam Wheeler, co-head of global private finance at Barings.
In the magazine: The battle of covenants recommences; Why investors are drawn to speciality finance; How credit managers are using their heft to increase margins at portfolio companies; Keynote interview with Alter Domus; Plus much more…
In the magazine: The opportunities and challenges in a rapidly changing continent; A 19-page regional debt guide; Keynote interviews with industry leaders; Plus much more…