Home Leverage

leverage

credit
The idea of having to foot a bill to the tune of millions of dollars to a loan secured by a fiction serves as a wakeup call to investors, lenders and GPs alike.
cash
The preferred equity specialist says it closed transactions this year across Europe, North America and Asia from a total pipeline of around $20bn.
Fund finance
NAV-based lending facilities can be more effective – and encounter less resistance from LPs – than preferred equity, says head of transactions at Rede Partners Magnus Goodlad.
Major lenders in subscription credit facilities reined in new lending shortly after the crisis began in March, focusing on existing clients and facing various constraints. Smaller banks have been stepping in to the breach.
subscription credit
Industry players wonder what the future of the subscription credit facility market looks like, and reveal critical changes that may suggest a new, if still evolving, normal for the sector.
Top 5 fundraises
And why your next subscription credit facility will be more expensive.
drought
The Neuberger Berman unit’s management-fees securitisation this week shows GPs are coming up with novel ways to give liquidity.
ice
The Neuberger Berman unit has securitised future cashflows from underlying GPs' management fees to return distributions to its LPs.
covid
Secondaries funds are more exposed to individual companies than ever and will play a significant role in seeing them through the crisis.
Olivier Decannière_Ardian
Ardian UK head Olivier Decannière discusses ASF VIII, transaction leverage and where it plans to invest all its dry powder.
si
si

Copyright PEI Media

Not for publication, email or dissemination