The pension’s private credit allocation was $352m by the end of the first quarter.
2 min read · 19 June 2017
The firm’s latest Credit Solutions Fund has more than doubled the capital raised by its predecessor.
1 min read · 19 June 2017
The firm is looking to raise at least €500m from shareholders as it looks to almost double its assets under management by 2020.
1 min read · 19 June 2017
The broad performance of private debt declined towards the end of 2016, as figures show increasing competition within the industry.
1 min read · 19 June 2017
The firm has provided acquisition finance for the purchase of Willerby, a UK-based mobile and holiday home manufacturer.
1 min read · 16 June 2017
The listed direct lender has completed 17 loans since its IPO in December and says it is on target to hit its 2017 4% dividend yield target.
1 min read · 16 June 2017
The appointment of a secondaries broker began the process of the $2.5bn pension fund reducing its private equity exposure – a move driven by low yields. It is now preparing to invest more in private credit.
2 min read · 16 June 2017
Private debt fund fees have been in decline, reflecting the changing nature of the investor base.
2 min read · 16 June 2017
Firms taking on governance, rather than ownership, of non-performing loans are still taking on downside risk as part of their business operations.
2 min read · 15 June 2017
As banks in Europe shift their focus to smaller corporates, some direct lenders are being forced to reassess their approach as they find themselves squeezed out of larger tickets.
2 min read · 15 June 2017