The Private Credit bubble and the AI boom. Are we experiencing 2007/2008 all over again?
Written by Kaila Kondas Niza and Svea Tegnestedt
Private credit is a 3.5 trillion dollar industry that opens up opportunities for loans with incre...
The Phantom Exit: NAV Lending and the Illusion of Returns
Introduction: The Exit That Never Happened
Net Asset Value (NAV) Lending refers to a form of lending that considers the NAV of the assets of a fun...
Private Equity Megafunds: How Big Is Too Big?
1. Introduction and How Megafunds Work
Whilst there is no single agreed definition of private equity megafunds, they are typically large investmen...
Liquidity, Incentives and Value Creation: Understanding Continuation Vehicles
Written by Federico Lucarelli, Tristan Buckley, Niccolò Cintioli and Kristaps Vaivars
TREND FRAMING AND WHY IT MATTERS
Private equity funds hav...
The New Exit Playbook: GP-Led Secondaries Take Center Stage
Written by Benedetto Emanuele, Adrian Tsonev and Giorgia Verdun
As IPO activity has stalled and secondary buyouts have slowed down, exit opportuni...
Expansion of Search Funds Into Emerging Markets
Written by Maxence Dumontaud Léger, Gregorio Perini, Vittorio Panvini Rosati and Federico Lucarelli
INTRODUCTION
Originating in the mid-80s in...
Private Equity in Emerging Markets: Opportunity or Mirage?
Written by Simone Corradino, Alessandro Farfalletta, Mercedes Lladó, Anni Näivö | Editor: Hiba Moumni
Emerging markets have long held out the prom...
The reshuffled Private Equity sector: expected consolidation and termination of funds
Written by Allegra Berni, Julius Buse, Yonatan Elkanati and Amedeo Baboin | Editor: Letizia Ianniciello
THEMATIC OVERVIEW
In recent years, th...
The Prada–Versace Acquisition: How a €1.25bn Deal Could Redefine Italian Luxury’s Global Standing
Written by Andrea Lovecchio, Francesca Sveva Composto and Edoardo Morsillo | Editor: Daniel Semotan
Italy has long been home to some of the world...
The Private Credit Tsunami: From Basel III to BDCs
Written by Marc Dambach, Nikolaus Schmidt-Chiari and Sophie Schwalb | Editor: Daniel Semotan
Private credit has moved from the margins of global f...