What liquidity options do firms have as they seek to navigate their way through the covid-19 crisis? Patrick Schoennagel of Houlihan Lokey investigates.
The firm says the hire will enable it to strengthen its US credit research platform at a time of unprecedented volatility.
What are the key issues facing lenders in the face of global pandemic? Four partners from Ropes & Gray share their thoughts on issues ranging from MAC clauses to covenant defaults.
In recent years, fundraising has piled into the larger private debt funds – creating an elite of capital gathering powerhouses. Catalin Voloseniuc of SEE Credit Partners says its time to consider other options.
The fund, which had a target of $1bn, attracted investors who were all new to the firm's debt platform.
Heavily invested legacy vintages might suffer more than funds in market, with the jury still out on whether this crisis will be sharp and short like the GFC, or sharp and longer-lasting running through various cycles.
With bond and loan issuance having been brought to a crashing halt by the coronavirus crisis, Sabrina Fox says weak covenants will be equated with weak governance.
Are private asset classes better positioned to weather the crisis? Our senior editorial teams covering PE, private debt, infrastructure, real estate and secondaries provide insight.
The deal suggests private credit may be coming of age in Asia as the banks de-risk and shines a spotlight on asset-based lending, says Lachlan Campbell of Equities First Holdings.
The former chief economist at Merrill Lynch has been bearish on the economy for a while. A perfect storm of volatility suggests he’s called it right.