Delaying the inevitable? Many businesses may be faring better than expected but investors are worried that economic reality will catch up in the end. Listening to market sentiment at our New York Forum virtual experience 2020 last week, it was clear things could be both an awful lot better and an awful lot worse. Some…
NPLs: Covid-19 creates new round of buying prospects The coronavirus crisis may not be as bountiful for Europe’s NPL investors as the GFC, but will offer select opportunities. Every crisis has its winners and losers and one asset class which came out on top after the global financial crisis in 2008 was European non-performing loans…
Infrastructure debt’s strong foundations It’s an investment option that’s become big in Japan, but strong competition for deals casts a cloud. Infrastructure debt continues to attract interest from long-term investors. As can be seen from the chart above, fundraising reached a five-year peak in 2019 and was also strong at the beginning of this year…
Less for distress The coronavirus crisis may have been expected to lead to a fundraising surge for troubled companies. But investors are wary of making bad moves. Investors may be convinced of the intellectual case for changing their private credit allocations in reaction to the coronavirus crisis and its huge policy response. However, this crisis…
Now for something a little different? Covid came along and changed everything. It may also change investor views of unconventional strategies. With covid-19 having upset the applecart in so many different ways, managers representing strategies outside of the mainstream – often referred to as “specialty finance” – might be hoping that investors are now more…
Debt takes a larger slice of the pie A new survey shows private credit’s solid performance makes it an investor favourite. Private credit is expected to be the fastest-growing part of institutional investor portfolios, according to research from consultancy bfinance…. Subscribe to Read MoreAlready a member? Log in here...
The long and winding road Fund managers have found it difficult persuading investors to part with commitments during the pandemic, but demand is still strong. It’s not only economies upon which the covid-19 pandemic is having a slowing effect. As our chart above shows, it’s also the speed with which investors are making commitments to…
Europe’s renaissance amid the fundraising slump Our final H1 2020 figures show the region grabbing investor attention – at least on a relative basis. It has not been the brightest of starts to a fundraising year, with just $63.1 billion raised by private debt funds globally in the first half of 2020 according to the…
Dislocation, yes – but direct lending still rules the roost Apollo’s $12bn tie-up with Mubadala shows there’s plenty of life left in direct lending yet. Gaining momentum after a very slow start, our preliminary fundraising figures for the first half of this year show around $60 billion raised for private debt globally – around $25…
Something old, something new A survey finds alternative asset firms embracing remote ways of working, but still seeing a future for office life. The “new normal” is increasingly of a remote nature, whether you like it or not. In a recent cover story in Private Debt Investor, we examined the new generation of dislocation funds…