The KKR Mezzanine Partners Fund has ended its investment period in March, as opposed to July, due to Craig Farr’s departure, which triggered the ‘key man’ clause.
3 min read · 10 April 2015
JP Morgan CEO believes non-bank lenders will prove unsupportive of, or even predatory towards existing borrowers in the next crisis.
2 min read · 09 April 2015
In the US and Canada, investors have set strong examples of how getting into private debt directly could work for European institutional investors that are looking for good risk-adjusted returns.
3 min read · 09 April 2015
The State of Wisconsin Investment Board is looking to branch out its direct private debt investments to companies outside of the state.
2 min read · 08 April 2015
The New York based alternative investment firm is said to be seeking $3 billion for its latest private equity fund meant to invest distressed situations.
1 min read · 07 April 2015
The Moelis-owned lower mid-market lender has reached first close on its third fund and second since the bank acquired Freeport in 2012.
1 min read · 02 April 2015
Teachers Retirement System of Texas has increased its Apollo and KKR allocations to $10 billion in aggregate.
2 min read · 02 April 2015
Up to half is expected to be real estate, the PwC annual market estimates.
2 min read · 02 April 2015
The traditionally subordinated investor will move into senior and unitranche lending as well as CLOs.
1 min read · 31 March 2015
The firm has a target of €2 billion in NPL purchases this year.
2 min read · 31 March 2015