Distressed Debt

Image of the US Capitol building in Washington, DC.

Amid cautious foray into private credit, WSIBโ€™s consultant confident in timing of programโ€™s launch

Washington heard from its consultant, Albourne Partners, that ramping up a private credit allocation in a stressed market may allow for stronger documentation and higher spreads.

The two โ€œDโ€™sโ€ โ€“ a new era of dislocation and dispersion

This weekโ€™s publication of our latest fund performance data was a reminder that strong returns can be made in troubled times.

Dislocation highlights fund manager dispersion

In this quarter's private debt fund performance report, we examine key metrics around strategy and geography.

What are the top five issues for Asia-Pacific private debt?

We examine the top takeaways from Private Debt Investorโ€™s Japan Korea Week at a watershed moment for the global private credit industry.

About this page

Distressed debt is always one of private debtโ€™s most popular strategies but, in 2022, itโ€™s attracting more attention than usual. Financial support offered by governments during the covid pandemic is being withdrawn, inflationary pressures are set to take their toll on company balance sheets, and many firms are struggling with staff shortages. In this environment, stress is likely to emerge and the low default rate seen in recent years will almost certainly rise. Given these factors, we are doubling down on our coverage of distressed debt and offer our readers the opportunity on this page to explore key stories, news analysis and features.

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