The private credit industry grew by leaps and bounds over the past decade: AUM jumped to $769 billion as of June 2018, from $275 billion in 2009.
In this thought leadership report, Ropes & Gray collected five articles from members of the firm's credit funds team that highlight key issues in the formation and operation of credit funds. These articles touch on the conflicts inherent in managing both credit and PE funds, the prevalence of key person terms, the intricacies of BDC regulation and value-based payment arrangements in the health care industry, and the potential changing landscape of foreign credit support.
The content of this article is intended to provide a general guide to the subject matter. Specialist advice should be sought about your specific circumstances.