Some legal work for private debt fund managers is of a routine nature that can be both inefficient and costly when managed by the funds themselves or outsourced to traditional law firms. This has created a gap in the market for specialists to take advantage, explains Brian Korchin, managing director and VP of sales at InCloudCounsel.
David Forbes-Nixon, co-founder, chairman and chief executive at Alcentra, and Eric Larsson, co-portfolio manager of the special situations team, discuss energy, retail and other opportunities amid economic strain.
Johnson Har, head of Hong Kong at Alter Domus, Kevin Williams, head of operations for Asia-Pacific, and Jayesh Peswani, relationship manager for Asia-Pacific, offer their perspective on Asian special situations and how investors can access opportunities onshore and in the broader region.
Stuart Mathieson, head of Barings’ Global Special Situations Investments Group in London, and Bryan High, co-portfolio manager for the Global Special Situations strategy in the US, discuss the outlook for distressed debt investing.
As more firms entered private credit in the decade post-global financial crisis, a stratification of managers left the top tier with capital aplenty and the brightest talent, says Madison Capital Funding’s senior leadership team.
Jaime Prieto, founding partner of European mid-market debt provider Kartesia, explains how the market has evolved in recent years and why sponsorless deals could yet be a major source of future growth.