Rise of the unicorns: venture capital
The increase in privately held start-ups has piqued interest in venture-capital markets. The opportunities are there but investors must realise that technological innovation has changed the game.
The boom in private credit has been accompanied by a spike in lighter covenants, reducing protection and guardrails for lenders says Jennifer Shum, senior managing director, structured and private credit at HOOPP, and warns of mounting risks in private credit.
The increase in privately held start-ups has piqued interest in venture-capital markets. The opportunities are there but investors must realise that technological innovation has changed the game.
As the Canada Pension Plan Investment Board gets larger, it is considering how to retain its sizeable private-market holdings with public proxies. It’s a ‘capacity issue’.
The University of Toronto Asset Management Corporation adopts passive moves into US equities, active allocations to international shares and select opportunities in private credit markets.
For many institutional investors, surviving the financial crisis in good shape has been the challenge of a lifetime. Few have had to deal with an asset seizure from Napoleon and two world wars being fought on its soil. It is a history that Italy’s Compagnia di San Paolo is proud of, yet in its asset
Private Credit