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.
Worries over volatile geopolitics, including the tension surrounding North Korea, are making LPs act cautiously.
Bridging facilities are now being used not just for more efficient deal execution, but also to get proceeds into the hands of LPs quicker.
The amount of capital raised for private debt globally in the first half of this year was almost $62bn, just short of the record H1 total in 2015.
.jpg?id=19327353310 "New hire for Finland’s Certior")
Olli Heinila joins from eQ, as the firm’s chairman hints at further hires to come in the private equity and credit team.
The $53bn US pension posted a first-quarter return of 2.51% for an allocation covering private debt, private equity and venture capital.
The world’s third-largest pension fund is actively hiring investment professionals in its overseas offices.
With power shifting to sponsors, lenders are finding that winning the deal often means losing control.
Closed-ended private debt fundraising reached a respectable $67bn by the end of Q3, but last year’s $106bn total will be hard to reach.
Closed-ended private debt fundraising reached a respectable $67bn by the end of Q3, but last year’s $106bn total will be hard to reach.
Following a sluggish first quarter, private debt fundraisers enjoyed a far more fruitful period from April to the end of June.