The main characteristics of private debt are that it is a widely used investment instrument in the SME (Small and Medium Enterprises) markets and that they are issued at floating rates.
The fund is focused on multifamily projects, since the residential sector, unlike the office and retail sectors, is highly resilient.
We are in a situation where we can place money with higher margins than we were able to do in the last few years.
Wing understands that the delivery business is very diverse, and therefore it must have different types of vehicles to ensure efficient operations.
The transaction resulted in a capital multiple of 1.87x over the course of a year.
The US yield curve has shown an increase in the implied probability of recession in recent weeks.
Delays and cancellations have been the norm at European airports in recent weeks.