Simpson Thacher in the News
Go Back
Hadrien Servais Quoted in Bloomberg discussing the Rise of the HALO Trade Amongst Private Capital Firms
Head of the European Private Credit team, Hadrien Servais, was quoted in a Bloomberg article exploring the evolving trend of private capital firms increasing their focus on heavy assets with low obsolescence, known as the HALO trade.
Reflecting on this trend, Hadrien noted that “we are seeing a return to companies with assets and predictable cash flows that are probably slower growth and less exciting but are more palatable for investors in an uncertain context,” adding that investors are seeking “safe haven in HALO assets” which have predictable cash flows.
To read the full article, please click here (subscription required).