This week’s publication of our latest fund performance data was a reminder that strong returns can be made in troubled times.
Although AI disruption and other threats remain increasingly relevant, Houlihan Lokey data shows resilient portfolio dynamics.
If the customer/employee management platform defaults, more than $5bn of equity value would be at risk of being erased, report says.
According to some, the future is at stake (and perhaps be worried if your firm name begins with ‘B’), but there is little in the way of evidence that private credit faces a crisis that spans the entire asset class.
The strategy that sits between debt and equity is seeing increasing demand from investors.
Interest coverage, like default rates, look good in aggregate but a granular sector view finds concern.
CEO Michael Arougheti expressed confidence for future dealmaking as the effects of the Iran war normalise.
Four factors weigh on the sector: leverage, redemptions, asset quality and the risk of obsolescence by AI.
The firm's Credit Opportunities Fund II collected more than double its target and will primarily invest in secondaries and co-investments
S&P figures find 28% increase in large corporate filings, while BankruptcyData sees surge across sizes.