March 2016 Issue

    Private debt in India

    India’s entrepreneurs are sitting on one of the world’s most enticing markets, and if the banks won’t lend to them then the private debt market is ready to pounce, writes Siddarth Poddar

    Capital Talk: Partners Group

    With its mandate to seek the best global relative value, Partners Group takes a wide-angle view of credit markets. Rachel McGovern and Anastasia Donde ask what this shows the Swiss-based firm and what investors think of the combined LP/GP credit platform

    Bank fund partnerships

    While it might not be true love, asset managers and banks are increasingly finding new ways to live and work together, finds David Turner

    Energy distressed piece

    Just when oil prices couldn’t seem to fall any further they began to drop again. But, amid the pain, patience and prudence could pay off for investors and producers, writes Gregory DL Morris

    The pull of potential

    Investors’ fixed income allocations dwarf their alternatives buckets and infra debt is now firmly in their sights as fixed income diversification becomes a long-term trend, writes Infrastructure Investor editor Bruno Alves 

    Last word: SSG Capital Management

    Managing partner and chief investment officer Edwin Wong sat down with Christie Ou to discuss SSG Capital Management’s new performing secured lending strategy, its latest $950 million special situations fund and which side of the business offers the richest opportunity for investors.

    Keynote interview: Religare

    Strong institutional capabilities benefit the firm as it aspires to provide investors access to the Indian growth story through private debt  

    Comment: RBS

    Alain Smith from RBS looks at how direct lending funds are working with banks on FX hedging strategies and execution to manage risk and lock in returns

    Annual review: Awards intro and full list

    The private debt industry is becoming increasingly competitive, as we saw in PDI’s annual awards.

    PDI Awards 2015: Global newcomer of the year

    Pemberton edged out Neuberger Berman for one of the most hotly contested races this year.

    PDI Awards 2015: The Americas

    Golub Capital proved it was ahead of the pack with a strong year fundraising, originating new deal and hiring some of the industry's best talent.

    PDI Awards 2015: Europe

    ICG showed it was a 'tier one' player with a string of wins.

    PDI Awards 2015: Asia-Pacific

    SSG enjoyed a stellar year picking up four awards.

    Annual Review: North America

    Tumultuous markets capped off an otherwise lucrative year for North America’s debt managers and the headwinds are continuing into 2016.

    Annual Review: Making hay in Europe

    It was a record year for European private debt funds with more (and bigger) deals than ever before.

    Annual Review: Playing the numbers game in Asia

    Private debt funds saw growing numbers of distressed debt opportunities in 2015 and could play a bigger role in clearing non-performing loans in the year ahead.

    Annual Review: real estate

    The growth of real estate debt funds appeared to be slowing in 2015, but then the macro-economic headwinds began blowing in the right direction.

    Annual Review: Unitranche turns the world upside down

    Unitranche loans are continuing to evolve with the wider private debt market as they make their presence felt on both sides of the Atlantic.

    Annual Review: Unitranche turns the world upside down

    Unitranche loans are continuing to evolve with the wider private debt market as they make their presence felt on both sides of the Atlantic.

    Annual review: 2015 in quotes

    Some of the more memorable remarks from 2015.

    Expert Commentary: Argentarius

    A new securitisation regime for Europe is a step in the right direction, but leaves many unanswered questions.