Fund credit facilities: A bridge too far?
Credit facilities for private equity funds have become commonplace since the financial crisis, but can these bridging loans – intended as a means of cashflow management – be used for financial engineering? Mikkel Stern-Peltz reports
More on Financing
Ares Management handed keys to two-thirds of UK sponsor’s portfolio
Lender provided GBP 500m for three of the GP's deals between 2016 and 2019, Debtwire reported
Unquote Private Equity Podcast: Overcoming the exit impasse
Unquote assesses the obstacles to executing successful exits and speaks to Equistone senior partner Steve O’Hare about the GP’s approach to its recent realisations
PE purchases stall in Italy as buyers lose faith – PE Forum Italy
PE players are hoping that valuation expectations will align in 2H 2023, easing dealmaking backlog
Portable refis pave way for smoother sponsor exits in rocky market
Sellers are aiming to bolster buyer confidence, securing debt that can be transferred to the next LBO
Latest News
Stonehage Fleming raises USD 130m for largest fund to date, eyes 2024 programme
Multi-family office has seen strong appetite, with investor base growing since 2016 to more than 90 family offices, Meiping Yap told Unquote
Permira to take Ergomed private for GBP 703m
Sponsor deploys Permira VIII to ride new wave of take-privates; Blackstone commits GBP 200m in financing for UK-based CRO
Partners Group to release IMs for Civica sale in mid-September
Sponsor acquired the public software group in July 2017 via the same-year vintage Partners Group Global Value 2017
Change of mind: Sponsors take to de-listing their own assets
EQT and Cinven seen as bellweather for funds to reassess options for listed assets trading underwater