Читать книгу Alternative Investments 2.0 - Группа авторов - Страница 31

Currently there is a market opportunity in the financing gap for borrowers seeking funding at a cost of capital of 10 to 15%. An increasing number of private debt funds are raising capital to provide a solution for these borrowers. The COVID-19 pandemic has created a favourable environment for opportunistic lenders as many borrowers are expected to go through challenging times. For managers with sufficient dry powder, short-term market volatility may also present interesting opportunities.

The sub-strategies include:

 direct lending into complex situations such as growth capital, refinancing of overleveraged balance sheets, time-sensitive events, shareholder restructuring, challenging sectors and hung syndications inter alia;

 acquiring loans at a discount to par sourced both privately and on public markets (secondary purchase).