Stellex Capital, a New York and London-based credit firm founded by several Carlyle alums, has scored a commitment from the Texas Teachers pension fund.
1 min read · 14 December 2015
The Pennsylvania pension fund is committing $100 million to Blackstone’s real estate debt fund, while also placing $350 million into a separate account with Philadelphia mid-market lender LBC Credit Partners.
2 min read · 10 December 2015
A dedicated team in London has been deploying capital into European large-cap second-lien loans and is also assessing opportunities in the mid-market.
2 min read · 09 December 2015
With more than 90 candidates in over 30 categories across three regions, this year's PDI Awards are bigger than ever.
3 min read · 08 December 2015
The UK bank is to open up its mid-market leveraged lending client list to AIG, Hermes and M&G Investments.
2 min read · 07 December 2015
The European Secured Property Income Fund is M&G’s first commingled real estate fund launch in three years.
2 min read · 07 December 2015
Less than a third of investors surveyed for PDI’s annual LP Perspectives study would invest with a niche manager in the next 12 months
1 min read · 04 December 2015
Class-action lawsuits and shareholder criticism dominated the third-quarter earnings call as Fifth Street Finance Corp’s investment advisor faced fresh criticism over rising legal costs and falling earnings at the underperforming BDC.
3 min read · 02 December 2015
A survey of 88 investors globally by PDI reveals that most investors intend to increase their allocation to private debt. Of those that do not already have a set allocation, the majority plan to set one and increase their exposure to non-bank lending opportunities.
2 min read · 01 December 2015
The pioneering vehicle, backed by local pensions and insurers, is already eyeing five projects from the country’s $25bn 4G roads programme.
1 min read · 01 December 2015
