Jaime Prieto, founding partner of European mid-market debt provider Kartesia, explains how the market has evolved in recent years and why sponsorless deals could yet be a major source of future growth.
The changes in the structure of the banking industry have been a catalyst for the development of alternative lenders in the real estate market. PDI discusses how the changing competitive environment is shaping Iberian real estate debt with part of the management team at AQ Partners: Daniel Herrero, Cristina García-Peri and Jaime Martínez .
Gaining a foothold in the broader market of private debt can be tough, but by picking the best key personnel for a specific area of the economy, lenders may increase dealflow, says Twin Brook Capital Partners’ Trevor Clark.
More attractive deal terms and the ability to be highly selective are among the reasons why investors are increasingly tempted to diversify into the smaller end of the market, maintains Jaime Prieto of Kartesia