17
Sep
Private Credit and hybrid capital: Alternative financing and innovation
Hybrid capital is increasing is importance in the market. It can be both an alternative to typical private equity or an instrument to make capital structure of companies more efficient. Private Credit market is also experiencing a strong resurgence in the M&A market in 2026, driven by a combination of high refinancing needs, improved market conditions, and a retreat by traditional banks from the mid-market segment. The panel will observe how, as of early 2026, Italian private debt is showing increased activity after a fluctuating couple of years, with lenders providing bespoke, flexible solutions for capital or financing and owner-operated companies.
- What funding options are currently available for growth and acquisitions, and what advantages do alternative lenders offer compared to traditional banks and private equity?
- How can businesses effectively leverage private credit funds, and which types of transactions are better suited to hybrid capital?
- Are banks and private credit funds increasingly collaborating to deliver hybrid financing structures, combining traditional senior debt with flexible unitranche or junior capital solutions?
- What opportunities exist for sponsor-less lending in the mid-cap segment?
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SpeakersGiulia Lasagni Senior Reporter Debtwire
Roberto Ippolito Managing Director and Head of Investment Team Clessidra Private Debt Fund
Gregorio Consoli Managing Partner Chiomenti
Marco Prono Managing Director, Head of Direct Lending Portfolio Management JP Morgan
Francesco Vitulano Managing Director Blackstone Credit
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Giulia Lasagni is a senior financial journalist with extensive experience covering European credit markets, M&A and the forces shaping corporate finance across the region. She previously covered European structured credit for International Financing Review (IFR), part of the London Stock Exchange Group (LSEG), reporting on key trends, transactions and developments across the region.Giulia brings particularly deep expertise in the Italian market. Before joining IFR, she spent six years at Mergermarket, reporting on major transactions and corporate situations, with a focus on M&A, private equity and shareholder activism in Italy.