Finding Risk Adjusted Income

April 23, 2020 In uncertain times, plans are worthless: Experience is what counts Everyone’s got a plan until they’re punched in the face. In 2020, the plan was to enjoy a return to relative growth and stability. Goldman Sachs predicted global GDP growth of 3.4%, driven by more favorable financial conditions, improved US-China trade relations and reduced uncertainty surrounding Brexit. …

Direct Lenders Mull Concessions to Borrowers in First Major Test

March 30, 2020 Direct lenders around the world are talking with borrowers about easing interest payments, waiving penalties and relaxing covenants as they assess the growing damage to their portfolios caused by the coronavirus pandemic. The discussions are occurring as the global turmoil seeps into the $812 billion private market. The crisis is one of the first major tests for the asset …

The Need for Private Credit

January 20, 2020 “56% of global respondents plan to increase their allocations to private credit.” – BlackRock 2019 Global Institutional Survey The fact that over half of the institutional investors in BlackRock’s survey said that they were rebalancing their assets towards private credit should come as little surprise: figures provided by Deloitte show that, if it continues on its current …

Opinion: Lenders come in all forms, so make the right choice

For small or medium-sized businesses, finding timely operating capital to keep the business moving forward can be extremely challenging. It is imperative for companies to understand that every lender or source of capital has a different cost, return expectation, level of underwriting and timing to close. As they say, you need to “know your audience.” Traditional banks are always a …

Private Credit Funds Stabilize Markets, Research Shows

Certain private credit and debt funds can help stabilize the financial markets and promote economic resilience in times when banks are unable to loan money, new research finds.  The rise of private debt funds following the 2008 recession has prompted some concern among regulators. But a paper published on February 13 and entitled “Nonbank Credit” finds that private credit funds …

JB Capital launches merchant banking fund

JB Capital, a provider of financing solutions to middle-market companies and small corporate borrowers, is seeking to raise at least $100 million for its merchant banking fund. JB Capital will target mid-term investments, focusing on one to three-year terms. PRESS RELEASE Bellevue, WA—March 12, 2019 – JB Capital L.L.C. (JB Capital) today announces the launch of its Merchant Banking Fund, seeking to raise …