Daily News: January 3, 2012

Financial Times: Private Equity Looks to Asset-Backed Loans

The Financial Times reported that private equity groups in Europe are increasingly turning towards asset-backed loans as they look to fill the financing gap left by retrenching banks.

GE Capital, one of the largest pan-European providers of such loans, is forecasting a wave of asset-based lending deals in 2012 after this year saw such financing becoming more attractive to buy-out groups, the Financial Times said.

To read the full Financial Times article click here.