Park Square Perspectives: Junior Capital Solutions
There have been numerous articles in the press in 2023 describing private credit’s “golden moment” as floating rate credit structures benefit from a rising rate environment and a “lenders’ market” with highly attractive terms and structures on offer.
While private market deal flow has been slow in the past 12 months, impacted by higher rates and a gap in buyer and seller expectations, the near-term outlook is promising as the syndicated loan market reopens and activity ramps up.
Volume 3 of Park Square Perspectives explores the capabilities of junior capital solutions capturing outsized risk-adjusted returns