Home Leverage

leverage

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.
covid
In the first of a series on the implications of leverage use by secondaries funds in a downturn, we look at fund-level facilities.
Dave Philipp
Access to incremental debt capital can support follow-on investments in existing portfolio companies to preserve or enhance fund NAV, writes David Philipp of Crestline Investors.
Doug Cruikshank talks with senior editor Toby Mitchenall about the growing asset class: how it works, who it works for and what he thinks it can do for sponsors during an economic slump.
si
si

Copyright PEI Media

Not for publication, email or dissemination