Читать книгу Alternative Investments 2.0 - Группа авторов - Страница 59

Fang, L./Ivashina, V./Lerner, J. (2015), The disintermediation of financial markets: Direct investing in private equity, in: Journal of Financial Economics 116/1, 160-178.

Jones Waldo Holbrook & McDonough (2013), Loan Participation or Assignment; What's the Difference?, https://www.martindale.com/banking-financial-services/article_Jones-Waldo-Holbrook-McDonough-A_1971368.htm, access: 7 October 2020.

StepStone (2014), Co-Investments: Good for Your Portfolio’s Health?, https://www.stepstoneglobal.com/news-press/co-investments-good-for-your-portfolios-health/, access: 7 October 2020.

Fußnoten:

[1] Federal Financial Institutions Examination Council, as of March 2020.

[2] Preqin, as of July 2020.

[3] Total Market Size for US Direct Lending based on Reuters data and StepStone estimates. European Direct Lending data based on StepStone estimates.

[4] StepStone estimate.

[5] First-lien lenders have the priority claim on the company value, holding debt that ranks ahead of second-lien loans and other subordinated lenders, for example.

[6] Credit Leverage loan indices as of June 2020. Par value of CS US LLI: USD 1.26 trillion and Par value of CS EU LLI: USD 352 billion.

[7] PWC, Portfolio Advisory Group (Restructuring Europe’s banks) – Market Update, Triton Presentation.

[8] Fang/Ivashina/Lerner, 2015.

[9] StepStone, 2014.

[10] StepStone estimates.

[11] Jones Waldo Holbrook & McDonough, 2013.