Company weaknesses are beginning to be exposed in Europe, so how private debt managers position themselves to take advantage is crucial. PDI discusses key market themes with three senior partners from EQT Credit.
Stephen McKenna, co-head, private debt and capital markets at SANNE, digests some of the biggest developments in 2018 for a maturing private debt industry and what they might mean for the fund services sector in 2019.
As we near the end of the current cycle, the maturing private debt industry hits a crucial stage in its evolution. Cesar Estrada, State Street’s head of product management for private equity and real assets fund services, explains how fund services will play a part.
The healthcare sector has been attractive to mid-market lenders and PE sponsors for years. The way transactions are done keeps evolving, but the potential regulatory risk remains, says Twin Brook's Faraaz Kamron.
When a private credit manager is the lead arranger in a transaction, it gives the firm a level of control and compensation it would otherwise not receive, Garrett Ryan, a partner and head of capital markets at Twin Brook Capital Partners, says.
Has the European private debt market had it too good for too long? There are no signs of panic, but nerves are jangling as loose structuring, leverage, competition and political volatility compete to be the asset class’s chief bogeyman.