Over the last decade, direct lenders have become a significant source of funding for mid-market companies. But as forecasters grow wary of another downturn, questions remain as to how these new lenders have prepared for dangers ahead, and how they might approach any potential workouts. To find out how private debt funds are expected to fare in a future downturn, and to learn about the opportunities that may arise for distressed investors, Debtwire, on behalf of Cortland Capital, spoke with four experts. Key topics discussed include: How.
Debtwire and Ropes & Gray, a global law firm, are pleased to present Driving Success: Challenges and Opportunities in Credit Fund Platforms. This report, featuring a survey of 100 senior-level US- and UK-based executives, examines the opportunities and risks facing credit fund managers in the coming months. Within an increasingly competitive debt landscape, new entrants to the market face considerable pressure to deliver new strategies and products. This, combined with the challenges posed by potential conflicts between multiple funds and concerns.
We are pleased to present the 14th edition of the European Distressed Debt Market Outlook, produced in association with Greenhill and Orrick. Key highlights of the report include: 71% of UK-based survey participants do not envision a Brexit-triggered recession over the next two years – however only 33% of non-UK-based respondents share the same view. Opinions are also mixed over the advantages of Brexit. On the UK-based side, a sizeable proportion (61%) envisages benefits such as improved trade deals or less bureaucracy and red tape. Meanwhile,.