Limited partners have shown an appetite for distressed debt and special situations in recent years. But a lot of capital has been raised in anticipation of a downturn that is yet to materialise. Now that there is growing pressure on managers to put the dry powder to work, investors are trying to put a renewed emphasis on quality and discipline.
Distressed debt & special situations
Five leading trends in distressed debt and special situations
The prospect of an economic downturn has stimulated interest in the strategies.
Where the dry powder goes next
Stuart Mathieson, head of Barings’ Global Special Situations Investments Group in London, and Bryan High, co-portfolio manager for the Global Special Situations strategy in the US, discuss the outlook for distressed debt investing.
Why ‘distress’ does not always equal ‘risk’
Kartesia Capital founder Jaime Prieto explains where the future opportunities lie for distressed debt and special situations in Europe
Patience and persistence in Asia-Pacific
Johnson Har, head of Hong Kong at Alter Domus, Kevin Williams, head of operations for Asia-Pacific, and Jayesh Peswani, relationship manager for Asia-Pacific, offer their perspective on Asian special situations and how investors can access opportunities onshore and in the broader region.
Click here to access Private Debt Investor’s in-depth special reports covering a wide array of topics, plus our digital magazines.