Andy Thomson
Andy Thomson is a Senior Editor at PEI with responsibility for Private Debt Investor, the leading title focused on the world's private debt markets. Andy works closely with team members in London, New York and Hong Kong. He has been with PEI for many years, having worked previously on Private Equity International and Infrastructure Investor.
The EBITDA addback has become one of the most controversial aspects of deal documentation. Research shows lenders are resisting the most extreme examples.
The EBITDA addback is one of the most worrying aspects of loan documentation. Market professionals detail how prevalent and potentially damaging it has become.
The European Parliament has approved changes to the pre-marketing of alternatives funds that should make the process easier across the continent.
The EBITDA addback is one of the most worrying aspects of loan documentation. Market professionals detail how prevalent and potentially damaging it has become.
Investors are not passive, but terms in the leveraged loan market are still weighted strongly against them.
Further regulation of non-bank lending is unnecessary, a new white paper argues. It’s time to look at the smaller picture within individual member states.
Further regulation of non-bank lending is unnecessary, a new white paper argues. It’s time to look at the smaller picture within individual member states.
Investors are not passive, but terms in the leveraged loan market are still weighted strongly against them.
In the latest draft amendments to its valuation guidelines, the organization for the first time looks at debt investments in their own right and not just as part of private equity deals.
Private debt managers need to accelerate their take-up of new technologies to avoid becoming yesterday’s news.