Mid-market lending report

A global economic downturn has been anticipated for quite some time now, but no one could have foreseen the single factor that would suddenly tip markets into meltdown mode – a virus.

Covid-19 is wreaking its havoc across the world in quite spectacular style. So, amid the growing turmoil, how will the mid-market lending space stand up?

Answers to that question are mixed. Some firms are operating in a ‘business as usual’ mode, confident that portfolios are well-prepared to weather the storm. Others anticipate the emergence of new opportunities. But the overriding feeling is that this virus-driven downturn will, one way or another, be the acid test for private debt managers lending to the mid-market – 2020 is shaping up to be a roller coaster ride.

Debt funds on thin ice?

Increasingly borrower-friendly terms are a result of high liquidity and competition among private debt funds. But are players taking on risker propositions? Proskauer partners Alex Griffith and Faisal Ramzan share insight.

Has return on capital subdued in Asia-Pacific?

Large-cap investors saw lower returns on capital over a 10-year period. But for direct lenders, this has not necessarily been the case.

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