Articles from Corpay Private Markets

Corpay Private Markets today publishes the fifth edition of its Lender Book Report, ‘The Yield Hunters’, which finds that a rapid diversification of the fund finance lender base has opened up a divergence in pricing. Subscription line margins have tightened broadly as competition has intensified, but NAV facility pricing has forked: banks are continuing to compress, while non-bank lenders are pricing at a widening premium.