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Private Debt Intelligence - 9/26/2016

Average Private Debt Management Fees by Fund Type Negotiating appropriately structured fund terms and conditions has long been a key issue for investors across the alternative assets industry. While investors are generally happy with the performance of the private debt industry, in Preqin’s H2 2016 Investor Outlook just 60% of respondents stated that they felt…

Why Sponsors Matter (Third of a Series)

In our continuing special series on the value of private equity sponsors, we turn our attention to what motivates a family-run, privately-held, or even public company to sell to a private equity firm. On the face of it, it would seem challenging to convince businesses owned by families for decades to give up control to…

Markit Recap – 9/19/2016

Having the distinction of being the widest constituent in the Markit iTraxx Europe is clearly one that most companies would prefer not to have. Yet Glencore has held this dubious honour since the last index roll in March and beyond. It had a challenger in fellow miner Anglo American, but Anglo’s downgrade to junk and…

Leveraged Loan Insight & Analysis -9/19/2016

Lender Survey: Are you seeing cracks in your portfolio?  Yes, we are seeing signs of cracks in credit quality in our portfolios, said roughly  35% of the attendees gathered at the Marriott in Times Square for Thomson Reuters LPC’s 22nd Annual Loan & CLO Conference on Thursday.  While these respondents said some companies are falling…

Preqin Private Debt Intelligence - 9/19/2016

The Private Debt Universe in Asia-Pacific Preqin’s Private Debt Online tracks 152 Asia-Pacific-based private debt fund managers, of which 32 are located in Hong Kong, the most of any country. However, with regulators such as the Securities and Exchange Board of India requesting the Reserve Bank of India to ease regulations on Alternative Investment Funds (AIFs), there…