Home Authors Posts by Andy Thomson

Andy Thomson

Andy Thomson is a Senior Editor at PEI with responsibility for Private Debt Investor, the leading title focused on the world's private debt markets. Andy works closely with team members in London, New York and Hong Kong. He has been with PEI for many years, having worked previously on Private Equity International and Infrastructure Investor.
London has played a bigger part in Michael Carruthers’ life and career than he might have imagined.
buyout, M&A, acquisition, gulp
Assisted by volatile market conditions, private debt firms have carved out a place for themselves in the mega-financing arena once solidly occupied by the banks.
Private credit has received plenty of acclaim as a well-positioned asset class for the times, but investors are not entirely void of concerns.
Amazing vibrant Times Square crowded with tourists and people sightseeing. New York City, Manhattan, USA.
At our gathering of private debt professionals from the US and elsewhere, participants had a sense of resilience and opportunity – while also acknowledging that tough times may lie ahead.
The deal cements parent company LCFH’s position in the management of consumer and SME loans, leases and mortgages across Europe.
Kirsten Bode, co-head of pan-European private debt, Muzinich & Co
Muzinich & Co can claim an unusual status in being a New York-headquartered fund manager that made Europe its initial target market.
Fork in the road signs
To some, the rules are simply a means of ensuring private fund managers apply the same principles as other asset managers. To others, they demand a strong defensive response.
Lender-on-lender violence is being seen with increasing frequency as private debt firms show their willingness to be aggressive in stressed scenarios.
The use of sustainability-linked loans is becoming widespread but pricing and valuation can be complex. John Czapla and Adrian Lowery of VRC consider the issues.
A second survey has backed up an existing one in identifying a declining private debt default rate. The omens for portfolio company performance are promising.

Copyright PEI Media

Not for publication, email or dissemination