NewStar will borrow up to $300 million in convertible, subordinated debt, cementing a cross-selling relationship with GSO and Franlin Square.
2 min read · 10 November 2014
PPC Industries and private equity firm Kohlberg & Company are both return clients of the GE unit.
2 min read · 10 November 2014
Regulation is proving its worth to investors in CLOs, showing that it is possible to curb risks without undermining the market.
3 min read · 07 November 2014
The jewellery business-backed family office has inked a partnership with Fifth Street Floating Rate Corp to invest in senior secured floating rate mid-market corporate debt.
2 min read · 06 November 2014
The market-lender will provide small short- to medium-term loans to SMEs.
2 min read · 06 November 2014
Credit Suisse, which transferred its corporate credit solutions group to the asset management business from the investment bank, has now registered to launch a business development company (BDC).
2 min read · 06 November 2014
The new transactions totaled $55.4 million and were spread across 16 properties.
2 min read · 04 November 2014
Chief executive Kipp deVeer shared concerns about market volatility on the firm’s third quarter earnings call but said Ares’ lending platform is well positioned to take advantage of any dislocation.
2 min read · 05 November 2014
Investors, thirsty for yield, are looking to real estate debt in Europe and the US, panellists said at the PERE real estate conference in Hong Kong.
2 min read · 05 November 2014
The Los Angeles-based asset manager confirmed its plans to raise $10 billion for distressed investing and outlined the structure and timeline of these plans on its earnings call last week.
2 min read · 03 November 2014