PEI: Navigating the credit frontier

According to our recent survey of managers and investors, the private debt market is already experiencing the pressures of expansion and competition. The market's increasing scale is creating more covenant-lite structures that favor borrowers and court risks.

In a Q&A with Private Equity International, Chad Longenecker and Jay Cipriano covered some of the differences between private equity and private debt operations, the role technology can play in creating competitive advantage, and ways to help prepare for the future market shifts.

Read the full article.