The Winning Credit Trades That Made Debt Investors Rich in 2020

Markets plunged at the onset of the pandemic, sending entire sectors teetering toward oblivion. Once solid companies were suddenly paying double-digit yields in a mad scramble for liquidity, while venerable household names could be scooped up for pennies on the dollar. Then, just as quickly, the Federal Reserve‚Äôs unprecedented efforts to support corporate-debt markets set […]

Secondary market likely to be aided by GP-led deals

Big increase in deals seen as industry adjusts after COVID-19 disruptions Alternative investment general partner-led secondary market transactions are expected to increase in 2021, giving managers additional exit options and relieving the pressure of selling companies during the COVID-19 pandemic. GP-led transactions involving single assets or portfolios are not just for troubled funds. Alternative investment […]