Product Brief
Everything You Need to Know About Payment-in-Kind (PIK)
In the last decade, private credit investments have grown in both assets, as well as complexity. Firms that invest in this asset class, including those firms that originate loans, are well accustomed to its manual nature and tedious workflows. As deal terms and conditions become more bespoke and custom, the challenges continue to grow for operations teams. This is no different when it comes to payment-in-kind (PIK).
PIK Loans come in several shapes and sizes, with varying levels of operational complexity added onto the regularly stable and predictable returns provided by private credit investments. Read the new fundamental, Everything You Need to Know About Payment-in-Kind (PIK), to learn more about each option and how having a system like SS&C Advent Geneva® helps your firm to streamline and automate the accounting for loan investments, easing the stress for your firm.
