The money network:

The money network:

Why crowdfunding threatens traditional bank lending

Euromoney’s 2012 FX survey results

Euromoney’s 2012 FX survey results

Access the results now

October 2005

Private equity looks warily at hedge fund debt

by Alex Chambers & Mark Brown

Do value-driven debt providers have a role to play in LBO financing? Private-equity borrowers appear increasingly cautious about including hedge funds in leveraged finance syndicates.


"We haven't seen borrowers excluding hedge funds because of their interest in being a direct lender per se," says Scott Miller, managing director, European leveraged finance at Citigroup. "We have seen borrowers wanting to establish control over the early...


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