It’s not only in established markets that private debt has seen rapid growth in recent years. Vicky Meek looks at how the asset class Private debt is also developing as an asset class in emerging economies.
Mergers, acquisitions, spin-outs and sell-offs have been on the rise among private debt firms, with more set to follow. But unfavourable market conditions may lead to failures and deals stuck in limbo.
When MezzVest became MV Credit in November last year, it joined the latest evolution in the European private debt markets, according to its managing partners. Now the firm is carving out a new strategy.
Jean-Francis Dusch, chief investment officer of Edmond de Rothschild Asset Management’s BRIDGE platform, talks about the challenges for alternative lenders and the launch of the firm’s second BRIDGE platform.
The ‘agreement among lenders’ used in unitranche financing is relatively untested. However, there is one example of a court case that provides comfort for those concerned about enforceability. Peter J. Antoszyk and Stephen A. Boyko of Proskauer explain
Unitranche has established itself as a viable product but some careful questions about risk and reward need to be asked in order to make informed investment decisions. Kelli O’Connell and Joseph Lazewski of NXT Capital provide some useful direction.