The PBSA sector’s responses to the King’s Speech

Tom Lloyd-Jones was featured in PBSA news in response to the King’s Speech on July 17th, together with Frederik Lerche-Lerchenborg – Lavanda, Theo Plowman – British Property Federation, Housing Hand and Kathryn Jump – Shoosmiths To read the article, please click here: https://pbsanews.co.uk/2024/07/17/the-pbsa-sectors-responses-to-the-kings-speech/

Defaults on leveraged loans soar as BoE warns on private equity’s ‘challenges’

It is a standing assumption in private credit markets that sponsor backed credit, all things being equal, is superior to sponsorless. But sponsor backed deals are often over-bid with lenders agreeing weak security packages and little or no covenants or other structural protections. In this respect sponsorless transactions often offer enhanced lender protections. If leveraged … Read more

GRI Beds Europe 2024 Event

Our CEO, Nadine Buckland is speaking at the GRI Club Europe event on Thursday at the Sofitel London St James. Nadine is joining the panel at 2.30pm discussing student housing, together with Antonio Marin-Bataller, Ioannis Verdelis, Irina Stamate-Rocha, Justin Hamer and Michael Fuller. To learn more and to register, please click below: https://lnkd.in/dz7i3vM3

European Real Estate: Lending with caution

A really interesting article in Real Estate Capital Europe, which features our CIO, Tom Lloyd-Jones. Aisha Kapoor discusses Europe’s commercial real estate market, concluding lenders are becoming more hopeful that the industry is turning a corner and presenting new value creation opportunities. Tom comments that “Major European economies are still heavily reliant on bank finance … Read more

Mental Health Awareness Week

As part of Mental Health Awareness week, Nadine Buckland took some of the team to the National Gallery in Trafalgar Square this week. Art can positively impact mental health by providing a creative outlet for expression, promoting mindfulness and relaxation and by being together with others, offers a sense of connection through shared experiences. We … Read more

Opportunistic Credit in Europe

The Opportunistic Credit proposition in Europe is, in our view, based around liquidity, or lack thereof, in European capital markets. Opportunistic credit does not require stress/distress (but can include it); instead it allows for superior returns for the provision of capital in constrained, complex or non-vanilla scenarios. In this respect the opportunity is more compelling … Read more

Affordable Homes Programme

The issue with the Government’s Affordable Homes Programme is not one of funding, but of execution. The private sector is being crowded out and delivery timetables are suffering as a result… You can read more here: https://www.building.co.uk/focus/the-figures-on-starts-are-terrifying-whats-really-happening-to-the-11bn-affordable-homes-programme/5127669.article

Private Debt Investor Europe Summit 2024

Last week, Thomas Lloyd-Jones, our CIO spoke at the Private Debt Investor 2024 Europe Summit in London. During the Investment Committee panel session, Tom presented a recent investment case study, highlighting our ability to find smart structuring solutions for borrowers. Thank you to Private Debt Investor and the other panelists Fabian Chrobog, Matthias Kirchgaessner, Itamar … Read more