ION Analytics

•

Canale • 8 podcast

Investimenti

Investimenti

Ogni 2 mesi
News - Affari

News - Affari

Ogni mese
Economia

Economia

Ogni settimana
Investimenti

Investimenti

Ogni settimana
Investimenti

Investimenti

Ogni mese
Investimenti

Investimenti

Ogni mese
Economia

Economia

Ogni mese

14/05/2024

Tiger CEO illuminates Infralogic on Growth Infrastructure investing

Tiger Infrastructure Founder and CEO Emil Henry joins Crossroads: The infrastructure podcast to share the thinking behind his firm's "growth infrastructure" investment strategy. Tiger has committed capital to companies and assets in the digital infrastructure, energy transition, and transportation sectors across the Americas and Europe since being founded in 2010. Emil shares his thoughts on the success of his firm's investments to date and his unique perspectives on the future of middle-market infrastructure investing and the outlook for 2024 and beyond.
17 giu

Why GP consolidation is on the rise in Asia

“GPs are being run more like the businesses that they acquire,” said Justin Niessner, associate editor of the Asian Venture Capital Journal. Consolidation among general partners is on the rise globally. Last year, BlackRock acquired HPS Investment Partners. Before that, the firm also acquired Global Infrastructure Partners in 2024. Asia is primed for M&A among GP firms, partly due to the prevalence of founder-led firms in Asia and the need for a succession plan. In this episode of Dealcast, Niessner joins Julie-Anna Needham to discuss the consolidation of GPs in Asia and why GPs and LPs may, or may not, find further integration attractive. The episode dives into what GPs need to make a transaction successful and to make LPs comfortable, where it is happening in the market, and how the mega-sizing of firms may actually lead to the rise of more independent ones.
2 mar

Arcmont's Mattis Poetter on the 2026 outlook for Europe private credit

In this episode, Debtwire Europe's Francesca Ricciardi sits down with Arcmont Asset Management's Mattis Poetter to discuss what 2026 has in store for the European private credit market. From expected pricing dynamics and deployment trends to emerging private-credit segments and competition.
26 mag

Oaktree Capital's Olivia Guthorn on finding value in stressed healthcare credit, sizing AI risk, and lessons from two decades of opportunistic investing

In this episode, Olivia Guthorn, Managing Director in Oaktree's Opportunities Group, describes a credit market at all-time tights that appears to be looking through potentially significant macro risks, while meaningful dispersion builds underneath, particularly in healthcare IT and software. Olivia outlines Oaktree's cautious, highly selective approach to sectors exposed to AI disruption, focusing on businesses with durable characteristics such as proprietary data, strong customer integration, high switching costs, regulatory moats, and sufficient capital to invest in new technology. For healthcare, she draws a sharp distinction between provider IT and payer IT, with the former expected to be more insulated from AI risk and the latter being more exposed given the resources and incentive large national payers have to insource. Olivia discusses how policy changes including the One Big Beautiful Bill's impact on Medicaid reimbursement, potential ACA subsidy expiration, and a growing focus on fraud, waste, and abuse are driving dispersion across subsectors, with med devices and pharma looking relatively more attractive and Medicaid-exposed services remaining challenged. She also touches upon the growing focus on private credit and how the historical notion that private credit doesn't trade is being tested, with trading activity so far remaining limited and orderly but potentially accelerating if redemption pressures increase. She highlights that the next two to three years should represent a significant opportunity for sector-specialist, bottom-up investors in opportunistic credit like Oaktree.
27 apr

A tale of two markets: an update on Europe’s divergent M&A and IPO fortunes

In this week’s Dealcast, Mergermarket’s head of global ECM, Samuel Kerr, joins John West, Mergermarket’s global commentary editor, to discuss how both M&A and ECM, particularly IPOs, are faring in Europe so far this year. M&A on the continent has been off to a strong start with 1Q deal volumes, reaching around EUR 330bn, up 40% year over year. And while general equity capital markets are booming, IPOs, have stalled in reaction to the Iran war. In this episode, Kerr and West explore the factors supporting M&A and hindering IPOs amidst severe geopolitical disruption. The two discuss which companies have made headlines, how sponsor exits factor into lagging IPO activity, how performances on the aftermarket have fared in Europe and comparatively in the US, and finally, when we could expect to see a rebound in listings. All this and more in this week’s Dealcast.
26 feb

A look at the latest fundraising trends in Asia – the Asian Venture Capital Journal’s Justin Niessner and Tim Burroughs

Around the world, many LPs are looking to diversify away from the US' recent instability. So how are investors viewing Asia and what is happening on the ground? The Asian Venture Capital Journal’s (AVCJ) managing editor Tim Burroughs joins AVCJ’s associate editor Justin Niessner to discuss what is driving investors to diversify into Asia and what challenges they face in the region. In this Dealcast, the two discuss how Asia is perceived as a market with good deals and less expensive valuations. For example, many firms are able to gain a foothold in the AI market at a lower price than they could in the US. Those comfortable with the geopolitics in China may see even more opportunities to diversify. This episode also explores: How sovereign wealth funds factoring into private equity in Asia. Whether Japan and India are still the favourites of the region. And how fund managers are viewing a pan-regional approach.
20 lug

Proof, process, and price: A look at the new standards for sponsor-backed dealmaking in the wake of AI – Investec’s Kate Gribbon

While sponsor-related deal volume from the exit perspective is at EUR 132bn so far this year, nearly double the volume in the first half of 2025, deal counts are only up 12%. Deal momentum is picking up, but it still can be difficult to get a deal over the line in the current environment, according to Kate Gribbon, Investec’s head of financial sponsor coverage. The effects of SaaSpocalypse or SaaSmageddon are still lingering and dealmakers need to have a strong offensive and defensive strategy when it comes to AI. Diligence also needs to come in at an increasingly early stage in the auction process, according to Gribbon, and relationship-building and trust are core to completing transactions. In this episode of Dealcast, Gribbon joins John West, Mergermarket’s global commentary editor, to discuss her recent report: The New Rules of Private Equity M&A. The two discuss the three pillars of getting a deal done: proof, process, and price. The episode delves into how to curate the buyer pool early-on, how to weigh the benefits of getting DPI for LPs quickly or holding onto an asset for the right reasons, and why it’s not realistic to wait for “perfect” market conditions.
7 lug

Moelis restructuring co-heads discuss the evolution of distress, LMEs and Chapter 11 filings

In this episode of Debtwired!, Madalina Iacob speaks with Zul Jamal and Barak Klein, co-heads of U.S. Capital Structure Advisory at Moelis, about how restructuring has evolved over their 25-plus years in investment banking. They discuss the shift from lighter, less-secured capital structures to today’s heavily secured debt stacks, alongside the rising cost of Chapter 11, and how those developments have reshaped restructuring strategies and have made liability management exercises increasingly important. They underscore the importance of engaging early, often two to three years before a maturity wall or liquidity event, to preserve flexibility and improve outcomes. The conversation also covers the changing creditor base and current disruption in the software sector. Jamal and Klein share lessons from notable deals, including Carvana, while highlighting the role of culture, trust and flexibility in successful restructurings. They also address common mistakes, negotiation strategy, and advice for junior bankers entering the field.
8 apr

Global dislocation sparks opportunities for investors in Asia – Morgan Stanley’s Pamela Fung, with Justin Niessner

“We can see every risk or dislocation as an opportunity.” Although fundraising, exits, and investment have slowed, this is how Pamela Fung, a managing director and partner on Morgan Stanley's Private Equity Solutions team, sees the current state of private equity investment in Asia. Perceived risk has increased in the region in recent years amid China’s regulatory reset, tariffs, geopolitical tensions, and now war in the Middle East. In this episode of Dealcast, Fung joins Justin Niessner, the associate editor of the Asian Venture Capital Journal, to discuss where opportunity lies in the region. From deep innovation happening in areas like Chinese AI and robotics to underpenetrated industries in countries where many national economies show potential for “leapfrog” growth. This episode explores: why GPs need to be hands-on with Asian investments, how policy initiatives and talent pools in countries like India are encouraging for investors, and how Morgan Stanley’s research aims to demystify the region.
18 mag

How to get deals through antitrust review in the current environment – Fried Frank’s Kathy O’Neill, with Serafina Smith

Despite rumors of political lobbying creeping into antitrust, “it’s a really good time for dealmaking here in the US.” That’s according to Kathy O’Neill, a partner in Fried Frank’s antitrust and competition department and former senior government official with 16 years of experience in the US Department of Justice (DOJ) antitrust division. According to O’Neill, early and proactive interactions with the US antitrust agencies, the DOJ and Federal Trade Commission (FTC), can lead to smoother antitrust reviews. In her experience, constructive engagement on the merits has even led to the clearance of deals that were likely second request candidates. In this episode of Dealcast, O’Neill joins Mergermarket’s senior US regulatory reporter Serafina Smith to discuss best practices to get deals through antitrust review during the second Trump administration. This episode also addresses the agencies’ return to accepting merger remedies—especially structural relief—and the uptick of standalone enforcement by state attorneys general.

This channel contains a series of podcasts produced by ION Analytics. Here you will find editors and journalists from Mergermarket, Debtwire, and Infralogic discussing the topics and trends shaping the capital markets.