Private debt: yield, safety and the emergence of alternative lending
Gespeichert in:
| 1. Verfasser: | |
|---|---|
| Format: | Elektronisch E-Book |
| Sprache: | English |
| Veröffentlicht: |
Newark
Wiley
[2023]
|
| Ausgabe: | Second edition |
| Schriftenreihe: | Wiley Finance Ser
|
| Schlagworte: | |
| Online-Zugang: | HWR01 UEI03 |
| Beschreibung: | 1 Online-Ressource (xxi, 287 Seiten) |
| ISBN: | 9781119944416 |
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| 245 | 1 | 0 | |a Private debt |b yield, safety and the emergence of alternative lending |c Stephen L. Nesbitt |
| 250 | |a Second edition | ||
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| 505 | 8 | |a Cover -- Title Page -- Copyright Page -- Contents -- Introduction -- List of Exhibits -- Acknowledgments -- Chapter 1 Overview of Us Middle Market Corporate Direct Lending -- The Rise of Nonbank Lending -- Direct Lending Investors -- Direct Lending Illustration -- Chapter 2 the Historical Performance of Us Middle Market Direct Loans -- The Cliffwater Direct Lending Index (cdli) -- Us Middle Market Direct Loan Performance -- Yield on Direct Loans -- Net Gains (losses) -- Net Realized Gains (losses) -- Net Unrealized Gains (losses) -- Total Return -- Chapter 3 Performance Comparisons to Other Asset Classes -- Return -- Risk -- Drawdown -- Direct Lending and the GFC Stress Test -- Direct Lending and the Covid Stress Test -- Chapter 4 Current Yield or Yield to Maturity? -- Current Yield -- Yield-to-three-year Takeout -- Chapter 5 Comparative Credit Loss Rates -- Nonaccruals and Implied Recoveries for Middle Market Corporate Loans -- Chapter 6 How Liquid Are Direct Loans? -- Chapter 7 Middle Market Loans as a Hedge Against Rising Interest Rates -- Chapter 8 Credit as a Separate Asset Class -- What Is an Asset Class? -- Private Debt: the Full Picture -- Chapter 9 Senior and Unitranche Direct Lending -- Chapter 10 Loans and the Theory of Credit -- The Merton Model -- Firm Volatility -- Risk-free Rate -- Time to Maturity -- Estimating Loan Risk -- Estimating Loan Portfolio Risk -- Testing the Merton Model -- Merton Model with Covenants -- Chapter 11 Risk Premiums in Us Middle Market Lending -- Methodology -- Chapter 12 Covenants and the Loan Agreement -- Chapter 13 Should Direct Loan Portfolios Be Leveraged? -- Simulated Direct Loan Portfolios with Leverage -- Portfolio Characteristics, Leverage, and the Cost of Financing -- Chapter 14 the Democratization of Alternatives -- The Private Partnership Model for Investing in Private Assets | |
| 505 | 8 | |a Chapter 15 Business Development Companies (BDCs) -- What Is a BDC? -- BDC Industry Statistics -- Private BDCs -- Publicly Traded BDCs -- BDC Market Indexes -- BDCs: a Tale of Two Markets -- BDC Dividend Yield -- BDC Total Return -- Chapter 16 Interval and Tender Funds -- Interval Funds -- Tender Funds -- Chapter 17 Selecting Direct Lending Managers -- Selection Matters -- Manager Direct Loan Yield -- Credit Losses Across Direct Lenders -- Total Return -- Direct Lending Managers -- Organization -- Investment Strategy -- Origination -- Underwriting -- Loan Construction and Monitoring -- Workout -- Portfolio Construction -- Leverage Financing -- Fees and Expenses -- Track Record -- Chapter 18 Loan Valuation -- Senior Versus Subordinated Loan Pricing -- Valuing Direct Middle Market Loans Using Statistical Methods -- Chapter 19 Investment Fees -- Management Fees -- Leverage -- Effective Management Fee -- Carried Interest -- Preferred Return -- Total Fees on Nav -- Total Fees as Percentage of Gross Income -- Factors Explaining Fee Variation -- Comparisons to BDC Fees -- Direct Lending Fees and Alignment of Interest -- Chapter 20 Portfolio Construction -- Direct Lending Benchmarks -- The Importance of a Benchmark -- The Cdli as a Private Debt Benchmark -- Diversification -- Chapter 21 Expected Returns and Risks from Direct Lending -- Expected Return -- Expected Risks -- Chapter 22 Asset Allocation -- Chapter 23 Direct Lending Performance Under a Volcker-like Fed Policy Regime -- Direct Lending Return Forecast Under a Volcker-like Policy Regime -- Income -- Realized Losses -- Unrealized Losses -- Fees and Expenses -- Asset Class Comparisons Under a Volker-like Policy Regime -- Chapter 24 Enter SOFR -- Early Observations -- Chapter 25 European Middle Market Direct Lending -- Key Characteristics of the European Direct Lending Market | |
| 505 | 8 | |a Evolution of the European Direct Lending Market -- Capital Structure of European Direct Loans -- Risk Factors -- Chapter 26 the Borrower's Perspective -- Us Borrowers -- European Borrowers -- Chapter 27 Enhanced Lending -- Direct Versus Enhanced Lending -- Mezzanine Debt and Structured Capital -- Mezzanine Debt -- Market Size and Structure -- Expected Return and Risk -- Investment Strategies -- Structured Capital -- Market Size and Structure -- Expected Return and Risk -- Investment Strategies -- Collateralized Loan Obligations -- Leveraged Loans -- Clo Structure -- Clo Return and Risk -- Clo Mechanics -- Clo Collateral Manager -- Venture Debt -- Market Size and Structure -- Expected Risk and Return -- Investment Strategies -- The Cliffwater Direct Venture Lending Index (cdli-v) -- Rescue Financing -- Market Size and Structure -- Expected Return and Risk -- Investment Strategies -- Asset-based Lending -- Market Size and Structure -- Expected Return and Risk -- Investment Strategies -- Real Estate Debt -- Current Market Environment -- Private Real Estate Debt Funds -- Real Estate Loan Uses, Characteristics, and Structures -- Expected Return and Risk Profiles -- Market Outlook -- Infrastructure Debt -- Market Environment -- Market Size and Structure -- Expected Return and Risk -- Investment Strategies -- Royalties -- Market Size and Structure -- Expected Return and Risk -- Investment Strategies -- Reinsurance -- Market Size and Structure -- Expected Return and Risk -- Investment Strategies -- Litigation Finance -- Market Size and Structure -- Expected Return and Risk -- Investment Strategies -- Conclusion -- Glossary -- About the Author -- Index Citations -- Index -- Eula | |
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Datensatz im Suchindex
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| author | Nesbitt, Stephen L. 1953- |
| author_GND | (DE-588)1183866631 |
| author_facet | Nesbitt, Stephen L. 1953- |
| author_role | aut |
| author_sort | Nesbitt, Stephen L. 1953- |
| author_variant | s l n sl sln |
| building | Verbundindex |
| bvnumber | BV048831641 |
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| contents | Cover -- Title Page -- Copyright Page -- Contents -- Introduction -- List of Exhibits -- Acknowledgments -- Chapter 1 Overview of Us Middle Market Corporate Direct Lending -- The Rise of Nonbank Lending -- Direct Lending Investors -- Direct Lending Illustration -- Chapter 2 the Historical Performance of Us Middle Market Direct Loans -- The Cliffwater Direct Lending Index (cdli) -- Us Middle Market Direct Loan Performance -- Yield on Direct Loans -- Net Gains (losses) -- Net Realized Gains (losses) -- Net Unrealized Gains (losses) -- Total Return -- Chapter 3 Performance Comparisons to Other Asset Classes -- Return -- Risk -- Drawdown -- Direct Lending and the GFC Stress Test -- Direct Lending and the Covid Stress Test -- Chapter 4 Current Yield or Yield to Maturity? -- Current Yield -- Yield-to-three-year Takeout -- Chapter 5 Comparative Credit Loss Rates -- Nonaccruals and Implied Recoveries for Middle Market Corporate Loans -- Chapter 6 How Liquid Are Direct Loans? -- Chapter 7 Middle Market Loans as a Hedge Against Rising Interest Rates -- Chapter 8 Credit as a Separate Asset Class -- What Is an Asset Class? -- Private Debt: the Full Picture -- Chapter 9 Senior and Unitranche Direct Lending -- Chapter 10 Loans and the Theory of Credit -- The Merton Model -- Firm Volatility -- Risk-free Rate -- Time to Maturity -- Estimating Loan Risk -- Estimating Loan Portfolio Risk -- Testing the Merton Model -- Merton Model with Covenants -- Chapter 11 Risk Premiums in Us Middle Market Lending -- Methodology -- Chapter 12 Covenants and the Loan Agreement -- Chapter 13 Should Direct Loan Portfolios Be Leveraged? -- Simulated Direct Loan Portfolios with Leverage -- Portfolio Characteristics, Leverage, and the Cost of Financing -- Chapter 14 the Democratization of Alternatives -- The Private Partnership Model for Investing in Private Assets Chapter 15 Business Development Companies (BDCs) -- What Is a BDC? -- BDC Industry Statistics -- Private BDCs -- Publicly Traded BDCs -- BDC Market Indexes -- BDCs: a Tale of Two Markets -- BDC Dividend Yield -- BDC Total Return -- Chapter 16 Interval and Tender Funds -- Interval Funds -- Tender Funds -- Chapter 17 Selecting Direct Lending Managers -- Selection Matters -- Manager Direct Loan Yield -- Credit Losses Across Direct Lenders -- Total Return -- Direct Lending Managers -- Organization -- Investment Strategy -- Origination -- Underwriting -- Loan Construction and Monitoring -- Workout -- Portfolio Construction -- Leverage Financing -- Fees and Expenses -- Track Record -- Chapter 18 Loan Valuation -- Senior Versus Subordinated Loan Pricing -- Valuing Direct Middle Market Loans Using Statistical Methods -- Chapter 19 Investment Fees -- Management Fees -- Leverage -- Effective Management Fee -- Carried Interest -- Preferred Return -- Total Fees on Nav -- Total Fees as Percentage of Gross Income -- Factors Explaining Fee Variation -- Comparisons to BDC Fees -- Direct Lending Fees and Alignment of Interest -- Chapter 20 Portfolio Construction -- Direct Lending Benchmarks -- The Importance of a Benchmark -- The Cdli as a Private Debt Benchmark -- Diversification -- Chapter 21 Expected Returns and Risks from Direct Lending -- Expected Return -- Expected Risks -- Chapter 22 Asset Allocation -- Chapter 23 Direct Lending Performance Under a Volcker-like Fed Policy Regime -- Direct Lending Return Forecast Under a Volcker-like Policy Regime -- Income -- Realized Losses -- Unrealized Losses -- Fees and Expenses -- Asset Class Comparisons Under a Volker-like Policy Regime -- Chapter 24 Enter SOFR -- Early Observations -- Chapter 25 European Middle Market Direct Lending -- Key Characteristics of the European Direct Lending Market Evolution of the European Direct Lending Market -- Capital Structure of European Direct Loans -- Risk Factors -- Chapter 26 the Borrower's Perspective -- Us Borrowers -- European Borrowers -- Chapter 27 Enhanced Lending -- Direct Versus Enhanced Lending -- Mezzanine Debt and Structured Capital -- Mezzanine Debt -- Market Size and Structure -- Expected Return and Risk -- Investment Strategies -- Structured Capital -- Market Size and Structure -- Expected Return and Risk -- Investment Strategies -- Collateralized Loan Obligations -- Leveraged Loans -- Clo Structure -- Clo Return and Risk -- Clo Mechanics -- Clo Collateral Manager -- Venture Debt -- Market Size and Structure -- Expected Risk and Return -- Investment Strategies -- The Cliffwater Direct Venture Lending Index (cdli-v) -- Rescue Financing -- Market Size and Structure -- Expected Return and Risk -- Investment Strategies -- Asset-based Lending -- Market Size and Structure -- Expected Return and Risk -- Investment Strategies -- Real Estate Debt -- Current Market Environment -- Private Real Estate Debt Funds -- Real Estate Loan Uses, Characteristics, and Structures -- Expected Return and Risk Profiles -- Market Outlook -- Infrastructure Debt -- Market Environment -- Market Size and Structure -- Expected Return and Risk -- Investment Strategies -- Royalties -- Market Size and Structure -- Expected Return and Risk -- Investment Strategies -- Reinsurance -- Market Size and Structure -- Expected Return and Risk -- Investment Strategies -- Litigation Finance -- Market Size and Structure -- Expected Return and Risk -- Investment Strategies -- Conclusion -- Glossary -- About the Author -- Index Citations -- Index -- Eula |
| ctrlnum | (ZDB-30-PQE)EBC7187371 (ZDB-30-PAD)EBC7187371 (ZDB-89-EBL)EBL7187371 (OCoLC)1369656165 (DE-599)BVBBV048831641 |
| discipline | Wirtschaftswissenschaften |
| discipline_str_mv | Wirtschaftswissenschaften |
| edition | Second edition |
| format | Electronic eBook |
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| id | DE-604.BV048831641 |
| illustrated | Not Illustrated |
| index_date | 2024-07-03T21:35:29Z |
| indexdate | 2024-07-10T09:47:13Z |
| institution | BVB |
| isbn | 9781119944416 |
| language | English |
| oai_aleph_id | oai:aleph.bib-bvb.de:BVB01-034097219 |
| oclc_num | 1369656165 |
| open_access_boolean | |
| owner | DE-2070s DE-945 |
| owner_facet | DE-2070s DE-945 |
| physical | 1 Online-Ressource (xxi, 287 Seiten) |
| psigel | ZDB-30-PQE ZDB-4-NLEBK ZDB-30-PQE HWR_PDA_PQE |
| publishDate | 2023 |
| publishDateSearch | 2023 |
| publishDateSort | 2023 |
| publisher | Wiley |
| record_format | marc |
| series2 | Wiley Finance Ser |
| spelling | Nesbitt, Stephen L. 1953- Verfasser (DE-588)1183866631 aut Private debt yield, safety and the emergence of alternative lending Stephen L. Nesbitt Second edition Newark Wiley [2023] © 2023 1 Online-Ressource (xxi, 287 Seiten) txt rdacontent c rdamedia cr rdacarrier Wiley Finance Ser Cover -- Title Page -- Copyright Page -- Contents -- Introduction -- List of Exhibits -- Acknowledgments -- Chapter 1 Overview of Us Middle Market Corporate Direct Lending -- The Rise of Nonbank Lending -- Direct Lending Investors -- Direct Lending Illustration -- Chapter 2 the Historical Performance of Us Middle Market Direct Loans -- The Cliffwater Direct Lending Index (cdli) -- Us Middle Market Direct Loan Performance -- Yield on Direct Loans -- Net Gains (losses) -- Net Realized Gains (losses) -- Net Unrealized Gains (losses) -- Total Return -- Chapter 3 Performance Comparisons to Other Asset Classes -- Return -- Risk -- Drawdown -- Direct Lending and the GFC Stress Test -- Direct Lending and the Covid Stress Test -- Chapter 4 Current Yield or Yield to Maturity? -- Current Yield -- Yield-to-three-year Takeout -- Chapter 5 Comparative Credit Loss Rates -- Nonaccruals and Implied Recoveries for Middle Market Corporate Loans -- Chapter 6 How Liquid Are Direct Loans? -- Chapter 7 Middle Market Loans as a Hedge Against Rising Interest Rates -- Chapter 8 Credit as a Separate Asset Class -- What Is an Asset Class? -- Private Debt: the Full Picture -- Chapter 9 Senior and Unitranche Direct Lending -- Chapter 10 Loans and the Theory of Credit -- The Merton Model -- Firm Volatility -- Risk-free Rate -- Time to Maturity -- Estimating Loan Risk -- Estimating Loan Portfolio Risk -- Testing the Merton Model -- Merton Model with Covenants -- Chapter 11 Risk Premiums in Us Middle Market Lending -- Methodology -- Chapter 12 Covenants and the Loan Agreement -- Chapter 13 Should Direct Loan Portfolios Be Leveraged? -- Simulated Direct Loan Portfolios with Leverage -- Portfolio Characteristics, Leverage, and the Cost of Financing -- Chapter 14 the Democratization of Alternatives -- The Private Partnership Model for Investing in Private Assets Chapter 15 Business Development Companies (BDCs) -- What Is a BDC? -- BDC Industry Statistics -- Private BDCs -- Publicly Traded BDCs -- BDC Market Indexes -- BDCs: a Tale of Two Markets -- BDC Dividend Yield -- BDC Total Return -- Chapter 16 Interval and Tender Funds -- Interval Funds -- Tender Funds -- Chapter 17 Selecting Direct Lending Managers -- Selection Matters -- Manager Direct Loan Yield -- Credit Losses Across Direct Lenders -- Total Return -- Direct Lending Managers -- Organization -- Investment Strategy -- Origination -- Underwriting -- Loan Construction and Monitoring -- Workout -- Portfolio Construction -- Leverage Financing -- Fees and Expenses -- Track Record -- Chapter 18 Loan Valuation -- Senior Versus Subordinated Loan Pricing -- Valuing Direct Middle Market Loans Using Statistical Methods -- Chapter 19 Investment Fees -- Management Fees -- Leverage -- Effective Management Fee -- Carried Interest -- Preferred Return -- Total Fees on Nav -- Total Fees as Percentage of Gross Income -- Factors Explaining Fee Variation -- Comparisons to BDC Fees -- Direct Lending Fees and Alignment of Interest -- Chapter 20 Portfolio Construction -- Direct Lending Benchmarks -- The Importance of a Benchmark -- The Cdli as a Private Debt Benchmark -- Diversification -- Chapter 21 Expected Returns and Risks from Direct Lending -- Expected Return -- Expected Risks -- Chapter 22 Asset Allocation -- Chapter 23 Direct Lending Performance Under a Volcker-like Fed Policy Regime -- Direct Lending Return Forecast Under a Volcker-like Policy Regime -- Income -- Realized Losses -- Unrealized Losses -- Fees and Expenses -- Asset Class Comparisons Under a Volker-like Policy Regime -- Chapter 24 Enter SOFR -- Early Observations -- Chapter 25 European Middle Market Direct Lending -- Key Characteristics of the European Direct Lending Market Evolution of the European Direct Lending Market -- Capital Structure of European Direct Loans -- Risk Factors -- Chapter 26 the Borrower's Perspective -- Us Borrowers -- European Borrowers -- Chapter 27 Enhanced Lending -- Direct Versus Enhanced Lending -- Mezzanine Debt and Structured Capital -- Mezzanine Debt -- Market Size and Structure -- Expected Return and Risk -- Investment Strategies -- Structured Capital -- Market Size and Structure -- Expected Return and Risk -- Investment Strategies -- Collateralized Loan Obligations -- Leveraged Loans -- Clo Structure -- Clo Return and Risk -- Clo Mechanics -- Clo Collateral Manager -- Venture Debt -- Market Size and Structure -- Expected Risk and Return -- Investment Strategies -- The Cliffwater Direct Venture Lending Index (cdli-v) -- Rescue Financing -- Market Size and Structure -- Expected Return and Risk -- Investment Strategies -- Asset-based Lending -- Market Size and Structure -- Expected Return and Risk -- Investment Strategies -- Real Estate Debt -- Current Market Environment -- Private Real Estate Debt Funds -- Real Estate Loan Uses, Characteristics, and Structures -- Expected Return and Risk Profiles -- Market Outlook -- Infrastructure Debt -- Market Environment -- Market Size and Structure -- Expected Return and Risk -- Investment Strategies -- Royalties -- Market Size and Structure -- Expected Return and Risk -- Investment Strategies -- Reinsurance -- Market Size and Structure -- Expected Return and Risk -- Investment Strategies -- Litigation Finance -- Market Size and Structure -- Expected Return and Risk -- Investment Strategies -- Conclusion -- Glossary -- About the Author -- Index Citations -- Index -- Eula Finanzierung (DE-588)4017182-6 gnd rswk-swf Kredit (DE-588)4032923-9 gnd rswk-swf Institutioneller Anleger (DE-588)4252195-6 gnd rswk-swf Institutioneller Anleger (DE-588)4252195-6 s Kredit (DE-588)4032923-9 s Finanzierung (DE-588)4017182-6 s DE-604 Erscheint auch als Druck-Ausgabe Nesbitt, Stephen L. Private Debt Newark : John Wiley & Sons, Incorporated,c2023 9781119944393 |
| spellingShingle | Nesbitt, Stephen L. 1953- Private debt yield, safety and the emergence of alternative lending Cover -- Title Page -- Copyright Page -- Contents -- Introduction -- List of Exhibits -- Acknowledgments -- Chapter 1 Overview of Us Middle Market Corporate Direct Lending -- The Rise of Nonbank Lending -- Direct Lending Investors -- Direct Lending Illustration -- Chapter 2 the Historical Performance of Us Middle Market Direct Loans -- The Cliffwater Direct Lending Index (cdli) -- Us Middle Market Direct Loan Performance -- Yield on Direct Loans -- Net Gains (losses) -- Net Realized Gains (losses) -- Net Unrealized Gains (losses) -- Total Return -- Chapter 3 Performance Comparisons to Other Asset Classes -- Return -- Risk -- Drawdown -- Direct Lending and the GFC Stress Test -- Direct Lending and the Covid Stress Test -- Chapter 4 Current Yield or Yield to Maturity? -- Current Yield -- Yield-to-three-year Takeout -- Chapter 5 Comparative Credit Loss Rates -- Nonaccruals and Implied Recoveries for Middle Market Corporate Loans -- Chapter 6 How Liquid Are Direct Loans? -- Chapter 7 Middle Market Loans as a Hedge Against Rising Interest Rates -- Chapter 8 Credit as a Separate Asset Class -- What Is an Asset Class? -- Private Debt: the Full Picture -- Chapter 9 Senior and Unitranche Direct Lending -- Chapter 10 Loans and the Theory of Credit -- The Merton Model -- Firm Volatility -- Risk-free Rate -- Time to Maturity -- Estimating Loan Risk -- Estimating Loan Portfolio Risk -- Testing the Merton Model -- Merton Model with Covenants -- Chapter 11 Risk Premiums in Us Middle Market Lending -- Methodology -- Chapter 12 Covenants and the Loan Agreement -- Chapter 13 Should Direct Loan Portfolios Be Leveraged? -- Simulated Direct Loan Portfolios with Leverage -- Portfolio Characteristics, Leverage, and the Cost of Financing -- Chapter 14 the Democratization of Alternatives -- The Private Partnership Model for Investing in Private Assets Chapter 15 Business Development Companies (BDCs) -- What Is a BDC? -- BDC Industry Statistics -- Private BDCs -- Publicly Traded BDCs -- BDC Market Indexes -- BDCs: a Tale of Two Markets -- BDC Dividend Yield -- BDC Total Return -- Chapter 16 Interval and Tender Funds -- Interval Funds -- Tender Funds -- Chapter 17 Selecting Direct Lending Managers -- Selection Matters -- Manager Direct Loan Yield -- Credit Losses Across Direct Lenders -- Total Return -- Direct Lending Managers -- Organization -- Investment Strategy -- Origination -- Underwriting -- Loan Construction and Monitoring -- Workout -- Portfolio Construction -- Leverage Financing -- Fees and Expenses -- Track Record -- Chapter 18 Loan Valuation -- Senior Versus Subordinated Loan Pricing -- Valuing Direct Middle Market Loans Using Statistical Methods -- Chapter 19 Investment Fees -- Management Fees -- Leverage -- Effective Management Fee -- Carried Interest -- Preferred Return -- Total Fees on Nav -- Total Fees as Percentage of Gross Income -- Factors Explaining Fee Variation -- Comparisons to BDC Fees -- Direct Lending Fees and Alignment of Interest -- Chapter 20 Portfolio Construction -- Direct Lending Benchmarks -- The Importance of a Benchmark -- The Cdli as a Private Debt Benchmark -- Diversification -- Chapter 21 Expected Returns and Risks from Direct Lending -- Expected Return -- Expected Risks -- Chapter 22 Asset Allocation -- Chapter 23 Direct Lending Performance Under a Volcker-like Fed Policy Regime -- Direct Lending Return Forecast Under a Volcker-like Policy Regime -- Income -- Realized Losses -- Unrealized Losses -- Fees and Expenses -- Asset Class Comparisons Under a Volker-like Policy Regime -- Chapter 24 Enter SOFR -- Early Observations -- Chapter 25 European Middle Market Direct Lending -- Key Characteristics of the European Direct Lending Market Evolution of the European Direct Lending Market -- Capital Structure of European Direct Loans -- Risk Factors -- Chapter 26 the Borrower's Perspective -- Us Borrowers -- European Borrowers -- Chapter 27 Enhanced Lending -- Direct Versus Enhanced Lending -- Mezzanine Debt and Structured Capital -- Mezzanine Debt -- Market Size and Structure -- Expected Return and Risk -- Investment Strategies -- Structured Capital -- Market Size and Structure -- Expected Return and Risk -- Investment Strategies -- Collateralized Loan Obligations -- Leveraged Loans -- Clo Structure -- Clo Return and Risk -- Clo Mechanics -- Clo Collateral Manager -- Venture Debt -- Market Size and Structure -- Expected Risk and Return -- Investment Strategies -- The Cliffwater Direct Venture Lending Index (cdli-v) -- Rescue Financing -- Market Size and Structure -- Expected Return and Risk -- Investment Strategies -- Asset-based Lending -- Market Size and Structure -- Expected Return and Risk -- Investment Strategies -- Real Estate Debt -- Current Market Environment -- Private Real Estate Debt Funds -- Real Estate Loan Uses, Characteristics, and Structures -- Expected Return and Risk Profiles -- Market Outlook -- Infrastructure Debt -- Market Environment -- Market Size and Structure -- Expected Return and Risk -- Investment Strategies -- Royalties -- Market Size and Structure -- Expected Return and Risk -- Investment Strategies -- Reinsurance -- Market Size and Structure -- Expected Return and Risk -- Investment Strategies -- Litigation Finance -- Market Size and Structure -- Expected Return and Risk -- Investment Strategies -- Conclusion -- Glossary -- About the Author -- Index Citations -- Index -- Eula Finanzierung (DE-588)4017182-6 gnd Kredit (DE-588)4032923-9 gnd Institutioneller Anleger (DE-588)4252195-6 gnd |
| subject_GND | (DE-588)4017182-6 (DE-588)4032923-9 (DE-588)4252195-6 |
| title | Private debt yield, safety and the emergence of alternative lending |
| title_auth | Private debt yield, safety and the emergence of alternative lending |
| title_exact_search | Private debt yield, safety and the emergence of alternative lending |
| title_exact_search_txtP | Private debt yield, safety and the emergence of alternative lending |
| title_full | Private debt yield, safety and the emergence of alternative lending Stephen L. Nesbitt |
| title_fullStr | Private debt yield, safety and the emergence of alternative lending Stephen L. Nesbitt |
| title_full_unstemmed | Private debt yield, safety and the emergence of alternative lending Stephen L. Nesbitt |
| title_short | Private debt |
| title_sort | private debt yield safety and the emergence of alternative lending |
| title_sub | yield, safety and the emergence of alternative lending |
| topic | Finanzierung (DE-588)4017182-6 gnd Kredit (DE-588)4032923-9 gnd Institutioneller Anleger (DE-588)4252195-6 gnd |
| topic_facet | Finanzierung Kredit Institutioneller Anleger |
| work_keys_str_mv | AT nesbittstephenl privatedebtyieldsafetyandtheemergenceofalternativelending |