There is plenty of capital for distressed debt strategies in the Asia-Pacific region, but putting it to use raises unique challenges.
The prospect of a rising default rate in the US is opening new avenues around liability management solutions.
A swathe of borrowers searching for refinancing over the next few years presents fresh opportunities.
A challenging property market is making for just the right amount of distress for opportunistic GPs.
GPs are increasingly pitching opportunistic credit strategies as an evergreen investment option for every part of the cycle.
Fundraising for distressed debt strategies continues to follow broader trends, after a poor 2023 for fundraising across the private credit space.
As banks seek to shed liabilities, there’s an opportunity for GPs to step in and pick up some bargains.
Persistently high rates have transformed the landscape for opportunistic credit strategies, as borrowers seek cheaper refinancing solutions.
SoftBank’s March 2023 uptiering has met resistance in the wake of WeWork’s November chapter 11 filing.
Some US mid-market borrowers are finding things tough, but there can be a lot of value in helping them through their problems.