"Investors are looking for yield and they like bricks and mortar" - Mike Posniak, Octopus Property
#PDICapitalStructure
"September was our 3rd busiest lending month on record" - Rod Lockhart, Lendinvest #PDICapitalStructure
"At a mature stage of the cycle could we do a better job of signposting to investors what it means for returns?" Gregg Disdale, Willis
"Demand for senior secured is increasing as people go risk-off" - Oliver Huber, Golding Capital Partners #PDICapitalStructure
"Can the market sustain the capital about to hit it at a mature stage in the credit cycle?" John Bohill, StepStone #PDICapitalStructure
"Mezzanine is out of vogue but sometimes contrarians can do very well" - Art Penn, PennantPark #PDICapitalStructure
"ABL is a way of playing the dislocations in industries going through secular changes" - Michael Griffin, TPG SL Europe #PDICapitalStructure
Could put ad in FT asking who wants £5-10m and be inundated. Key is selection and likelihood of closing - Paul Shea #PDICapitalStructure
"In the U.K. there has been huge consolidation of banks and not much lending to SMEs" - Paul Shea, Beechbrook #PDICapitalStructure
Great presentation @NewsoJam - 15 ways the market can make itself sustainable #PDICapitalStructure
PD = narrow market: 80% deployed for sponsors in 2015, not changed much since 2010. @Newsojam Arbour Partners
"We're working in a terribly fashionable industry with relatively static deal flow" - McCullagh, Hayfin
#PDICapitalStructure
Hayfin continuing to diversify away from plain vanilla/London focused/sponsor focused market - Andrew McCullagh #PDICapitalStructure
Passporting: Danger "London will move from being THE financial centre to A financial centre"
SIr Michael Rake
#PDICapitalStructure
"It's easy to raise but there is concern about platforms ability to deploy capital" - Robert Radway NXT Capital #PDICapitalStructure
"Many European pensions are negative cash flow and actuarial models are challenged" - Mike Arougheti Ares
#PDICapitalStructure
"In challenging times our asset class should be relatively durable" - Richard von Gusovius, Campbell Lutyens
On primary side a lot of uncertainty but overall there's good deal flow in Europe - Ralph Betz, EQT #PDIGermany
"Capital has been and will be misallocated so there will still be opportunities" - Cristobal Cuart, KKR #PDIGermany
"We have a UK trampolining business. Despite Brexit children will still go trampolining." - Paul Shea #PDIGermany
