PEI Private Credit Staff Writer
Prudential Capital Group and Credit Suisse are setting their sights on the region, but volatility and ‘non-linear’ growth are challenges.
The company has a service agreement with BC Partners’ credit arm and will focus on senior secured loans to companies with $10m-15m EBITDA.
The firm is targeting an unknown amount for Crescent European Specialty Lending Fund II, which officially started fundraising on 9 September, according to SEC filings.
The investment committee will vote tomorrow at its monthly meeting to potentially invest in the Brookfield Senior Mezzanine Real Estate Finance Fund.
The vehicle has raised $1bn more than its predecessor and received a commitment from the Treasury of Michigan, a repeat Apollo investor.
The firm received over $750m in equity capital and created its third BDC.
The firm’s third vehicle is hoping to raise $100m.
Over recent months, TH Real Estate has been expanding the capabilities of its debt business through a reoriented focus on high-yield lending strategies
The retailer's revenue declined by more than 50 percent in the last five years.
The merged company will be renamed Carlyle Aviation.