Positive business sentiment as a result of the UK’s strong vaccine rollout is thought to have helped drive transaction volumes.
European private debt deal volume surged in Q4, but that resurgence has been mixed across geographies.
The firm’s strategy, which is focused on direct lending to senior housing and healthcare, has beaten its target.
European private debt deals bounced back sharply in Q4 of 2020 after sinking to historic lows during the pandemic.
Credit ratings are a vital tool for corporate debt borrowers and issuers. They should not get mixed up with non-rating opinions, urges Joshua Thompson of law firm Sidley.
Pathfinder Fund hopes to set a trend by donating at least 10% of carried interest profits to health and education charities.
Western and Eastern private debt deals have little in common when it comes to how borrowers and lenders are treated.
With covid-19 causing complex disruption to the world of commerce, private equity sponsors, portfolio companies and lenders can work together to deal with financial covenant breaches encountered as a result of operating in such unprecedented times.
The market may have balked, but the firm’s deal to buy its insurance affiliate makes plenty of sense.
The senior credit fund, which includes long-term leverage, has exceeded its target.

Copyright PEI Media

Not for publication, email or dissemination