9/3/2025 12:01:00 AM Evergreen credit funds for institutional investors: drawdown subscription models By Harriet Miller Lora Froud Stephen Ross Joshua Oyedele +1 more... Show less Different models of evergreen fund are seen in the market, spanning from NAV-based open-ended structures to hybrid/vintage vehicles that...
7/31/2025 12:01:00 AM Key issues to consider when private credit is given the keys to a borrower By Sophie Donnithorne-Tait Jat Bains Paul Keddie As private credit has increased its dominance over recent years, particularly in the financing of mid-market deals, so too has risen the...
7/3/2025 12:01:00 AM The macroeconomic backdrop to the private capital market - June 2025 By Shama Ams Chase Li Steven Koppenaal Deep Shah +1 more... Show less This article considers our views on how certain macroeconomic developments may impact the private capital markets. Macroeconomic overview...
7/3/2025 12:01:00 AM Mega funds, mega pools and mega changes – the impact of the UK Government’s pension reforms on private capital By Rhiannon Kinghall Were Margarida Ferreira Faye Jarvis Lora Froud +1 more... Show less Key messages The UK pension market is the largest in Europe and second largest in the world after the US and is undergoing significant...
7/3/2025 12:01:00 AM Investing in investors: fund manager M&A from GP stakes to strategic acquisitions By Nicholas Page James McCredie Alice Temkin Jeremy Moncrieff +1 more... Show less Fund manager M&A has been a hot topic in recent years and we have seen high levels of interest from both acquirors and target managers....
6/24/2025 12:01:00 AM Rethinking European defence: Market dynamics and sector opportunities By Jessica Adam Alex Edmondson Margarida Ferreira Shama Ams +1 more... Show less Shifting global geopolitics are rapidly increasing European defence spending, creating space for private capital funds (PCFs) and...
6/24/2025 12:01:00 AM Rethinking European defence: Executing transactions amidst regulatory complexity By Francis Bond Jessica Adam Alex Edmondson Shama Ams +1 more... Show less Whilst ESG compatibility and fund structuring create the foundation for defence investment, as we explored in part 2, successful...
6/10/2025 12:01:00 AM Navigating single asset continuation funds: Part 2 By Margarida Ferreira Stephen Pike Christopher Good In the first part of our discussion of single asset continuation funds (SACFs), we discussed portfolio company characteristics and deal...
6/5/2025 12:01:00 AM How private capital can thrive amidst tariff uncertainty By Alex Edmondson Jessica Adam Victoria Hills Shama Ams +1 more... Show less In this report, we examine how tariff uncertainty creates both challenges and opportunities for private capital funds (PCFs) navigating...
5/22/2025 12:01:00 AM Private credit continuation funds: a developing frontier for secondary transactions? By Jamie Macpherson Sophie Donnithorne-Tait Pete Chapman Andrew Perkins +1 more... Show less Private credit – by which we mean the (direct) lending activities of alternative investment funds operating without bank intermediation –...
5/22/2025 12:01:00 AM Unpacking private credit secondaries By Pete Chapman Damien Crossley Margarida Ferreira Private credit has seen a rapid increase in assets under management (AUM) over the past decade, with AUM currently surpassing $1.6tn....
5/19/2025 12:01:00 AM Private capital in professional services: Strategic opportunities and transaction execution By Alice Temkin Jessica Adam Alex Edmondson Shama Ams +1 more... Show less This is the second article in our two-part series examining the evolving relationship between private capital and professional services...
5/14/2025 12:01:00 AM The Mansion House Accord and its impact on private capital markets By Rhiannon Kinghall Were Margarida Ferreira Faye Jarvis Lora Froud +1 more... Show less The Government’s pursuit of increasing Defined Contribution (DC) pension investment into private capital markets has stepped up a gear....
5/6/2025 12:01:00 AM Private capital in professional services: Understanding the landscape By Alice Temkin Jessica Adam Alex Edmondson Shama Ams +1 more... Show less This is the first article in our two-part series examining the evolving relationship between private capital and professional services...
4/29/2025 12:01:00 AM Credit funds – transfers between related funds and accounts, equalisation and ramping By Chris Daniel Pete Chapman As private credit continues to mature and innovate as an asset class, many managers are dealing with an ever-broader universe of...
3/27/2025 12:01:00 AM Navigating single asset continuation funds: Part 1 By Margarida Ferreira Stephen Pike Christopher Good In the past three years there has been a rise in the use of continuation vehicles, in particular, single asset continuation funds...