While it’s unusual for pension funds to invest in business development companies, Owl Rock has been raking in large cheques from these investors thanks to the strong reputation of its founders and unusually low fees.
3 min read · 04 August 2016
TICC’s total investment income included $8 million from CLO equity, $8.7 million in debt and $300,000 from other sources.
2 min read · 04 August 2016
The US consulting firm has hired Leo Fletcher-Smith in London and Sylvia Owens in New York to build its private credit research efforts.
2 min read · 04 August 2016
The life insurer has made a direct investment in a bundle of solar assets managed by fintech company CleanCapital.
1 min read · 04 August 2016
The vehicle operates a global mandate and recently concluded the purchase of three Spanish NPL portfolios valued collectively at more than €1 billion.
2 min read · 04 August 2016
Chairman and chief executive officer Leon Black hailed the breadth and depth of Apollo’s credit business while reporting overall economic net income of $395m during the alternative investment firm’s second quarter conference call.
3 min read · 03 August 2016
Sean Ruhmann is joining TA Realty in Boston, Chris Hill has hopped to EnTrust Permal in New York and Siddique Haq is working at MC Credit in Stamford, Connecticut.
2 min read · 03 August 2016
The UK lender has raised €100m for its third European-focused fund as it expects the resulting slowdown from Brexit to force banks to further retreat from the market.
2 min read · 03 August 2016
The Dallas Police & Fire Pension System attributed its 12.6 percent loss to private equity and real estate investments.
1 min read · 02 August 2016
Carlyle Group is talking to potential buyers about selling just three years after buying the $185bn fixed-income manager from Société Générale.
2 min read · 02 August 2016
