Subscription finance is busier than ever, prices are rising and competition among lenders is on the rise despite the pandemic.
6 min read · 23 February 2021
We chart the spectacular rise of concentrated NAV lending in the covid-19 era as the sub-sector comes of age.
10 min read · 18 February 2021
The preferred equity specialist says it closed transactions this year across Europe, North America and Asia from a total pipeline of around $20bn.
2 min read · 10 December 2020
NAV-based lending facilities can be more effective – and encounter less resistance from LPs – than preferred equity, says head of transactions at Rede Partners Magnus Goodlad.
5 min read · 10 December 2020
This week Secondaries Investor moderated a panel on the debt secondaries market hosted by sister publication Private Debt Investor. Here is what we learned from the discussion featuring executives from Manulife Investment Management, Tikehau Capital and Pantheon.
3 min read · 24 September 2020
Paris-based investment manager Tikehau hired StepStone’s Olga Kosters to head up the strategy in November.
2 min read · 17 September 2020
The tough environment for SMEs and the business development companies that fund them represents an opportunity in a burgeoning strategy.
2 min read · 13 August 2020
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.
4 min read · 28 July 2020
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.
4 min read · 07 July 2020
