Are private debt fund managers getting too good a deal from investors amid supportive market conditions? Views are divided.
PDI’s Germany Forum examined the upcoming opportunity set for distressed and special situations as a refinancing wave looms.
The firm has issued an inaugural BSL CLO and beefed up its liquid credit team.
The PDI Awards are back and now is the time to nominate your firm in any of our 50 categories that cover global private debt activity across fund management, investment and advisory.
The new group brings together a number of existing teams focused on private debt and alternative lending.
Private credit has grown significantly since the last market crisis. There are those who think it now poses a wider threat to financial stability.
Fund managers are celebrating their good fortune when it comes to new transactions, while also fearing what might lie ahead for their existing portfolios.
No-one should expect a sudden 2008-style surge in non-performing loans, but economic headwinds are expected to eventually translate to a promising opportunity set.
The pros and cons of in-house versus outsourced capital raising was debated at PEI's Investor Relations forum.
Centerbridge and Wells Fargo will form a BDC to target the more than 95% of the market not backed by private equity.