Sir Michael Rake, chairman of BT Group and Worldpay, said private debt “meets a real need” but said the mistakes of the past must not be repeated.
2 min read · 18 October 2016
Recent people move
1 min read · 18 October 2016
The common feeling on the morning of PDI’s London conference was that the asset class will continue to flourish, but Brexit uncertainty and intensifying competition pose threats to fund managers.
3 min read · 18 October 2016
The US firm is to looking to market to European investors for its globally-mandated, open-ended platform. It focuses on investing in short-term loans and has a target return of between 9 and 11 percent.
2 min read · 17 October 2016
The two countries remain the NPL investment hotspots in Asia, but little foreign capital has entered the markets as local players predominate.
2 min read · 17 October 2016
The departure of one of the Chinese distressed investor’s co-founders has caused the firm to start selling the assets held in its latest two funds.
1 min read · 17 October 2016
Recent people move
1 min read · 14 October 2016
Palladium’s acquisition of a significant stake in California-based Del Real Foods was backed with a $121m senior debt facility arranged by Antares.
1 min read · 14 October 2016
The $130bn Canadian pension fund is optimistic that recent structural reforms in these two countries will unleash new sources of investment.
2 min read · 14 October 2016
A key figure at Canada Pension Plan Investment Board’s private credit group has decided to leave after being part of a division that has grown rapidly since its 2009 inception.
2 min read · 14 October 2016
