ILPA representative cites transparency and uses as issues at the Fund Finance Association’s Global Symposium in Miami. But the growing market for NAV loans has its staunch defenders, who often point to the fact that most of the facilities are used for value-additive, late-stage acquisitions.
AIFMD II lays down some practical challenges for private debt fund managers. There may be a lot more of this type of intervention in future.
The initiative's applicability to both GP and portfolio companies means it is emerging as a 'gold standard' in private markets.
It’s a rewarding time to be invested in private debt, but no one should get too carried away by the hype around the asset class.
The RMB fund targets Chinese LPs and aims to hold its first close this year.
In the latest episode of the Private Debt Investor Podcast, Decalia’s Reji Vettasseri examines some of the key findings from our annual study of investor attitudes toward the asset class.
Macroeconomic pressures may be a cause of concern, but business development companies appear in generally good shape.
In a podcast published this week, a leading covenant expert and lender representative insisted private debt has no room for complacency when it comes to fair documentation.
Speaking at the HKVCA’s Asia Private Equity Forum on Friday, Eric Mason, head of PE at the Church Pension Fund, told delegates that using NAV facilities to create distributions increased financial risk.
A ratings agency and an investment and advisory firm appear to have two contrasting views of one of private credit’s hot topics.