Total private capital assets management have doubled in the past six years to reach $12 trillion. In The New Dynamics of Private Markets, PGIM analysts take a long-term view of the context of this growth and the future direction mainly as it affects investors. Highlights of the report include the discussion on private credit where there appears to be plenty of runway for further growth, and the estimate for potential overall private capital growth from retail participation through, for example, greater defined contribution plan participation.
The Drawdown recently published its latest Fund Finance Tracker, which provides a detailed breakdown of lender data in subscription lines, NAV lines, and GP facilities over the last six months. The statistics offer insight into the type, size, location, and investment strategy of recent Fund Finance deals. In addition to the tracker, the article also highlights emerging Fund Finance trends, such as increased selectiveness by lenders and the uptick in ESG-focused facilities. To read more, please click here.
A big thank you to the more than 500 industry leaders who participated in last week's 2022 Cadwalader Finance Forum in Charlotte. And a special acknowledgment to the nearly 50 speakers – both industry experts and Cadwalader attorneys – whose perspectives made the Forum so valuable for all attendees. See our full list of speakers here.
Last week’s Cadwalader 2022 Finance Forum included a panel titled “Heading Into the Storm: Preparing to Survive and Profit from Turbulence in Finance Markets,” which brought together a panel of industry experts to discuss the current market environment and the opportunities and challenges it presents for finance markets. The panelists included: Scott Bynum, a Managing Director and Portfolio Manager at Mudrick Capital Management; Bryan High, a Managing Director at Barings; James Kim, Head of Distressed Investments at Nuveen; and Cadwalader Financial Restructuring partners Mike Rupe and Casey Servais. The panel was moderated by Cadwalader Fund Finance partner Brian Foster.