Magda Ali
The real estate debt arm of Intermediate Capital Group (ICG) is poised to close its third real estate debt fund at its £700m hard cap.
/May/News/USDEBTVENTURES80.png "US Debt Ventures progresses towards $150m goal")
The Florida-headquartered private debt firm, led by Todd Billings, is nearing a final close for its fourth fund.
/May/News/PSBeechbrook80.jpg "Beechbrook holds first close for second mezz fund")
The European Investment fund and the UK’s Business Finance Partnership made cornerstone commitments totalling €40m to Beechbrook’s fund.
A widening range of provisions for bad loans coupled with a low level of realisations hurt ICG’s full-year profit performance, but it was a record year for fundraising and AUM growth.
.jpg "Highland bolsters presence in Asia")
Jun Park has joined Highland Capital’s Korea office to help develop the firm’s operations in Asia.
/May/News/Porat_Sam_80.jpg "Healthcare specialist Athyrium hits $507m close")
The fund, with an investor base of more than 35 institutions, will invest in a diversified pool of income-generating healthcare firms.
Bond broker Cantor Fitzgerald has continued to expand its CLO and structured credit team with three senior hires, including ex-Investec senior banker Jason Eppleston (pictured).
/March/News/untitled%2080x80.bmp "Refinancing concerns ease but pressures remain")
The wide range of options are making refinancing deals easier than ever to complete, according to a Debtwire report gauging attitudes towards the European refinancing market.
.jpg "Idinvest nears final close on €250m debt fund")
Paris-headquartered Idinvest Partners, led by Christophe Bavière, (pictured) is en route to exceed its €250m goal.
Industrial packaging manufacturer Mauser received €580m in senior debt, along with €115m in revolving credit and acquisition facilities.