A focus on collateral allows asset-based lending to provide something of a safe haven in volatile times. Larry Klaff and Lisa Galeota of First Eagle Alternative Credit consider its merits.
S&P Global Ratings expects that the private credit market will continue to grow in 2024, although more slowly than in 2023.
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We look at how rapid rates increases completely changed the market in 2023 as part of our series assessing the trends of the year.
Following this year's market volatility and lending supply-demand imbalances, David Brooks and Alice Cavalier of Arcmont Asset Management see what's in store for capital solutions lenders next year.
When the value of a brand is seen to have eroded, the chances of a company emerging as a going concern are significantly depleted.
Intercreditor agreements are re-emerging in debt financings and can have profound impacts for the investee company. Lowell Citron, Rossie Turman and Geena Caporale of law firm Lowenstein Sandler explore the key aspects.
In growing quickly, private debt has assumed a greater degree of importance as a source of liquidity – accompanying that come fears over what happens if things go wrong.
A recent continuation fund exit by TPG is further evidence that such vehicles can reward investors with the capacity and desire to roll over, or those who opt to back funds investing in these deals.
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