February 2013 Issue

Cinven’s financing specialist Matthew Sabben-Clare talks about the challenges of financing large buyouts in today’s market.  

Institutional investors are flocking to real estate debt strategies, but are separate accounts or funds the best way to access the opportunity?

Distressed debt funds have raised a lot of capital, but is the global recession yielding opportunities to match?

An in-depth look at how Goldman Sachs and two US hedge funds won control of UK hotel operator Travelodge through a debt-for-equity swap.

Mercer’s Sanjay Mistry explains why private debt is proving attractive to investors with an appetite for attractive risk-adjusted returns.

Ian Borman of SJBerwin explains why unitranche debt providers are uneasy bedfellows with traditional lenders.

With 2012 coming to an end, it looks likely that it will be remembered as the year infrastructure debt really took off.

In Part III of this month's roundtable discussion, our six industry experts discuss the importance of relationships in this new world of private debt, and the role traditional lenders still have to play in the provision of debt financing.

In Part II of our keynote roundtable, our experts discuss the structural changes in the debt markets, the regulatory initiatives that have precipitated that change, and consider where private debt allocations will fit into investors' portfolios.

Buying equity is not the easy way of making control investments in India, which might just be the most over-geared country in the world.

Six industry experts discuss the changing face of debt: who’s stepping into the void created as banks retrench? Why should investors be excited about private debt funds? And do traditional lenders still have a role to play?

With real estate financing in Europe still difficult to come by, one of the US’ biggest commercial real estate lenders is ramping up in the region, pointing the way for other banks.

Metric Capital Partners, a private debt fund launched by two former UBS bankers, has had a busy first 18 months.

After the Great Financial Crisis came the Great Deleveraging