Direct lenders raise opportunistic funds

摘要

A number of European direct lenders are opportunistically raising billions in high return funds to deploy to borrowers in much need of liquidity, taking advantage of the volatility caused by Covid-19. Pemberton, Hayfin and Arcmont Asset Management are among direct lenders raising money in opportunistic funds that will be deployed across a range of sectors and companies including large performing corporates to mid-market stressed and distressed firms."We expect 2020 credit opportunities funds to be one of the best returning vintages because private debt fund managers could get a higher return to provide financing solutions in the current environment".