Blackstone related stories
All articles and analysis
Ohio pension invests $15m in Marathon distressed fundA Columbus, Ohio-based pension fund’s commitment marks its third alternative investment this year.
- FS BDCs may own majority stake in Warren Resources
FS Investment Corporation, Franklin Square’s BDC, is a first-lien lender to the oil and gas company.
- Caesars secures restructuring support from Franklin Square
The first-lien lenders would receive $300m in cash of the $705m distribution under a bankruptcy-exit proposal later.
- PRIM places $225m with GSO mezz
The Massachusetts pension fund is investing in GSO’s latest mezzanine fund and a companion co-investment vehicle.
- Owl Rock adds IR duo from CION – exclusive
The new private debt manager has hired Derek O’Leary as head of investor relations and business development and Sean Connor as a principal and member of that team.
- Franklin Square launches credit feeder fund
The Philadelphia-based BDC manager announced a new share class offering individual investors access the firm’s credit platform in the spirit of a recent regulatory change.
- GSO agrees to provide $20m loan to Warren Resources
Multiple lenders advised by the alternative asset management firm were first-lien lenders to Warren Resources before it sought bankruptcy protection.
- Arrowpoint adding senior staff – exclusive
Arrowpoint Partners, which last year formed a dedicated direct lending business, has been hiring credit and business development staff.
- Chart of the week: Managers look towards medium fund size
The proportion of closed-ended private debt funds raising less than $100 million has fallen since 2010.
- Ares Capital to acquire American Capital
BDC merger will create $13 billion industry leader.