Ironsides Partners has filed definitive proxy materials with the SEC requesting the election of new board members to the Fifth Street Senior Floating Rate Corp (FSFR) BDC and demanding that the investment manager be replaced.
2 min read · 15 March 2016
Impact investor TriLinc hires investment manager adviser Alsis for a credit push into Mexico and Latin America.
2 min read · 15 March 2016
Commercial banks’ bad loans hit 1.27 trillion yuan ($194 billion, €174 billion) in December last year, the highest level since June 2006, according to China Banking Regulatory Commission. And that figure has been climbing for the past three years.
2 min read · 14 March 2016
The second tactical opportunities platform from Blackstone has received commitments from CalPERS and Florida State Board of Administration, among others.
2 min read · 10 March 2016
The UK lender is hoping for a first close in Q2 for its latest mezzanine vehicle.
2 min read · 07 March 2016
Hang Seng reports that China will need to continue to drive deleveraging for a shift from an investment-and-exports-led to a consumer-and-services-led growth model.
2 min read · 07 March 2016
TD Asset Management’s fixed-income group is launching long-term and medium-term private debt funds for Canadian institutional investors.
2 min read · 07 March 2016
The $1bn fund invested just $7.4mn in the fourth quarter, citing the tumultuous market environment as the reason why it opted to stay on the sidelines.
2 min read · 07 March 2016
What do Republican presidential nominee candidate Donald Trump, North Korean dictator Kim Jong-un and Irish Taoiseach Enda Kenny have in common? Individually not much, but together they highlight a threat to the stability that allows the private debt market to thrive.
2 min read · 04 March 2016
The new fund will target a cash yield of 8-10 percent and internal rate of return of 18 percent.
3 min read · 03 March 2016
