Andy Thomson
In the latest draft amendments to its valuation guidelines, the organization for the first time looks at debt investments in their own right and not just as part of private equity deals.
Private debt managers need to accelerate their take-up of new technologies to avoid becoming yesterday’s news.
With documentation strongly in favor of borrowers, financiers are being told to look for excuses to redress the balance of power.
In the latest draft amendments to its valuation guidelines, the organization for the first time looks at debt investments in their own right and not just as part of private equity deals.
With documentation strongly in favor of borrowers, financiers are being told to look for excuses to redress the balance of power.
Fund managers are not taking advantage of modern intelligence tools that would allow them to do more thorough underwriting, claims Matthias Kirchgaessner, an external advisor at Plexus Investments, at the Germany Forum hosted by sister title Private Debt Investor.
European private debt firms are trying to measure portfolio performance based on a private equity template. No longer will that suffice.
Private debt managers are being forced to consider the consequences of what once seemed unthinkable – the UK crashing out of the EU with no trade agreement.
As the asset class continues to grow quickly, it is struggling to ensure that administrative aspects keep pace.
As the asset class continues to grow quickly, it is struggling to ensure that administrative aspects keep pace.
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