The battle over TICC Capital is a colourful spectacle that both encapsulates and distracts from the burning issue for BDCs: poor performers drag the whole sector down.
2 min read · 16 October 2015
The Catalyst Capital Group, which specialises in distressed-for-control investing, passed the $1.25 billion target for its latest fundraise.
1 min read · 15 October 2015
The short-term mortgage lender hopes to raise £150m to lend via its own platform. The marketplace lender also reported more than doubled annual profits of £3.1 million.
2 min read · 15 October 2015
The pan-EU regulator has given itself a new March deadline to determine which non-EU fund managers should be extended the AIFMD passport.
3 min read · 15 October 2015
Alternative credit and more illiquid strategies, in particular, could boost investors’ returns and reduced equity exposure risk, argues the investment consultant in a new report.
2 min read · 13 October 2015
The California pension shortlists Crestline Investors, Silver Creek Capital Management and White Oak Global Advisors for a direct lending mandate.
2 min read · 12 October 2015
Carlyle and Pictet Group launched the secured specialty fine art lender with $280m in equity capital.
2 min read · 12 October 2015
Firm is alleged to have inflated value of assets at its largest BDC and delayed write-downs ahead of taking the management company public.
3 min read · 12 October 2015
Chenavari Investment Management will continue to be led by Loïc Féry and Frederic Couderc after Dyal’s investment.
2 min read · 09 October 2015
The $52 billion Pennsylvania pension plan is making new commitments to the Avenue Special Situations fund and the OWS Credit Opportunity fund, while also drafting a high-yield separate account with TPG.
3 min read · 07 October 2015
