Home Leverage

leverage

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.
Portfolio finance can offer additional investment firepower or a source of liquidity, both of which are in high demand in the fallout from the pandemic, explains Augustin Duhamel.
ant, leaf, small, tiny
Less competition and a likely increase in the number of smaller forced sellers could make 2020 a good vintage for niche players.
Coronavirus
In part two of our mini-series on the impact of debt on secondaries deals during the coronavirus crisis, we examine how the steep decline of NAVs can have powerful implications for the future of the SPV leverage market.
si
si

Copyright PEI Media

Not for publication, email or dissemination