In private debt, a lot of discussion focuses on the most popular individual strategies at a given point in time. Direct lending has hogged the limelight for many years – a position now under threat from asset-based lending. A host of other strategies also jostle for attention, ranging from distressed debt to mezzanine, and from collateralised loan obligations to litigation finance.

Fasanara embraces leverage
Founder Francesco Filia discusses the firm's multi-strategy fund and new approach to opportunistic leverage.