At the dawn of 2020, the private debt community was looking forward to an unprecedented 11th year of expansion and opportunity since the global financial crisis. However, the public health and economic crises that permeated every aspect of life during 2020 evaded even the most prescient in our industry. Although there were laudable success stories and capital formation achievements, perhaps the most lasting impact to our private debt industry will be the lessons learned in balance sheet management.
The fund finance trends to look out for in 2021
Subscription lines clearly earned their stripes last year as companies came under unprecedented liquidity pressures. Richard Wheelahan examines what 2021 has in store for the fund finance market.
