Private Debt Investor
Pedal off the metal
Fundraising tumbled in 2018, in part explained by an unwillingness to add to the stockpile of capital dedicated to distress.…
Read MoreReal estate debt fundraising is a real downer
The strategy had a strong run for several years, but that spurt could be over. Real estate debt seemed to…
Read MoreUnderwriting’s influence on track record
GPs’ documentation practices play an outsized role in private credit, and LPs should know whether they’re doing it well. Limited…
Read MoreInvestors want more info on fees
LPs said they often have a hard time justifying them within their organisations. More than half of investors in the…
Read MoreThe mightier they are, the harder they fall
Private debt hit a fundraising peak in 2017, which has proved impossible to sustain. It was the year when private…
Read MoreWhy private credit firms and their LPs should make ESG a priority
Environmental, social and governance policies provide another avenue of differentiation when all debt managers claim to have proprietary dealflow and…
Read MoreToday’s deal structuring affects private debt’s future
Cov-lite, cov-wide or cov-regular, credit managers are making the bed they’ll have to lie in. The private debt deal market…
Read MoreThe evolution of the GP-LP relationship in private credit
The asset class has grown a lot in some ways over this credit cycle, but still has a way to…
Read MoreDirect lending is popular – and thus bucks the trend
A new survey shows the strategy retaining a strong level of demand, while other areas of private debt lose their…
Read MoreOpening the books to investors
In a survey from sister publication pfm, the number of managers trying “very hard” not to disclose a deficiency uncovered…
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