In a borrower-friendly market, managers are under increasing pressure to deploy, credits standards are relaxed and documentation requirements are fewer. The State of the Deal Market takes a deep dive into how investors are navigating these issues in a lively and competitive market.
State of the deal market
Redrawing the lines for direct lending
Lenders are pushing back against overly generous deal terms, but it is easier said than done, and there are various pressure points for deal makers.
Technology: the great enabler
Technology businesses are increasingly offering attractive opportunities to private debt investors with the right experience and specialist knowledge. We speak to Jim Miller, a partner with global alternative asset manager Ares Management.
Pushing back on deal terms
With abundant liquidity, deal terms have been loosening in both the US and Europe. Stephen Boyko and Faisal Ramzan look at the sectors and geographies holding promise for lenders amid this atmosphere.
Diagnosis of the healthcare sector
Richard Zall and Gary Creem, partners with Proskauer, explain why healthcare has become one of the major areas of focus for private debt investors.