Interview with Mr Symon Drake-Brockmann, Pemberton Asset Management

Symon Drake-Brockmann

Q1: Why is private debt a good alternative to the classic private equity investment?

Although private debt and private equity are targeting the same universe of medium size companies, they are offering very different risk/return profiles by virtue of addressing different financing needs in the capital structure of those same companies. As such by providing complimentary risk/return attributes, institutional investors would typically have an allocation to both strategies albeit in different proportions.

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How to find the right SCR for PE under Solvency? – assessing the EIOPA final advice on the unlisted equities module

Frank Dornseifer

End of February 2018 EIOPA provided the EU Commission with its’ final advice on specific items in the Solvency II Delegated Regulation, which is – within the capital markets union action plan (“CMU”) – part of the current Solvency review. The mandate given was a “review of unjustified constraints to financing […] in view of removing barriers to investments in unrated bonds and loans and in unlisted equity, in order to improve insurers’ ability to invest in private placement offerings and in private equity.”

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Jakob von Weizsäcker’s plea for a joint Franco-German strategy

Jakob von Weizsäcker

For Member of the European Parliament Jakob von Weizsäcker the immediate impact of Brexit is obviously bad. But there could be some positive effects for the EU down the road however. For Jakob von Weizsäcker a joint Franco-German strategy would be the best approach to build a better capital market for the EU and the Euro area post Brexit. Continue reading

Ready for change? Private capital operations in the digital age (by AssetMetrix)

It is difficult to name a sector that has not been impacted by digitalization in recent years. Somewhat ironically, however, the very private capital providers whose investments in tech startups are rapidly driving change in other sectors have hardly undertaken any steps to develop their own business models. In the meantime, pressure within the sector is rising, driven by lower returns, greater transparency, and an ever-growing volume of regulatory requirements.

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