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Cloud 9fin

Tailoring to the thesis with David Leland of BC Partners

Mar 28, 2024
12:30
Snipd AI
In this episode, David Leland from BC Partners discusses tailoring capital structures for portfolio companies in sectors like TMT and healthcare. Topics include proactive refinancing strategies, private credit usage, business restructuring, and navigating investments across jurisdictions.
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Podcast summary created with Snipd AI

Quick takeaways

  • BC Partners emphasizes tailoring capital structures to suit portfolio businesses' needs.
  • Operational support during crises and proactive refinancing optimize BC Partners' portfolio performance.

Deep dives

BC Partners Investment Strategy and Refinancing Approach

BC Partners invests across sectors like TMT, healthcare, industrials, and consumer retail but has limited appetite for the latter in their current fund. They take a proactive approach to refinancing, using equity when necessary. With expectations of declining interest rates, they have been active in refinancing and repricing their portfolio credits to optimize duration and cost of capital.

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