Capital markets: tacking into strong headwinds

Here’s the latest article from the finance and restructuring team, where Paul Durban and Michael Crosby look at current trends and opportunities in the private capital markets set against a challenging macro and micro-economic backdrop. Having returned some time ago from their summer breaks, many lenders and investors are asking “how resilient are the private…

Out of the shadows: The rise of shadow capital

Shadow capital is on the march. How will it affect the world of private equity? Shadow capital refers to the practice of institutional investors, family offices and sovereign wealth funds deploying their capital alongside (or even in competition with) private equity funds, but in ways that stand apart from the traditional GP-LP relationship, where the…