Some sectors are already struggling as the global economy begins to slow down while others are booming and fund managers will need to know how to spot opportunities in both camps, according to Baird's Paul Bail
Aircraft leasing has become a more crowded area as the sector has garnered more attention from larger asset managers.
Independent sponsors, once known as fundless sponsors, have proliferated in recent years as they shed a reputation for inability to deliver, and have appealed to LPs wanting to commit capital to individual deals.
The merger would, as of the end of the third quarter, produce a BDC with investments and commitments of $3.25bn.
The transaction is just the latest in a string of mergers that are slowly reshaping private credit.
Market sources tell us of some aggressive practices being undertaken by lenders at the smaller end of the market.
Asia lantern
The role of private and non-bank lenders in financing small and medium-sized enterprises is diminishing because of mounting stress signals and perceived risks, reports Adalla Kim
SuperInvestor
Cheap, borrower-friendly loans proved a comfort to LPs and GPs at SuperInvestor, despite sentiment indicators ticking down this year.
The relentless march of alternative lenders is being challenged by an old foe that appears newly invigorated.
Flag of Germany
After something of a lull, German LBO deals have seen a surge as banks got behind add-on financings and re-financings in the third quarter.
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