Apollo will manage a $750m in private credit account for the state’s permanent fund.
1 min read · 27 May 2014
Junior bondholders including Oaktree Capital Management and Angelo Gordon have proposed a debt for equity swap for the UK pub operator.
2 min read · 27 May 2014
North Carolina had a 4.94% allocation to credit strategies as of 31 March.
1 min read · 23 May 2014
Montana adjusted the target range for its private equity allocation in April, adding distressed as a sub-strategy for its sub-allocation to buyouts.
1 min read · 22 May 2014
The Hong Kong-headquartered special situations specialist more than doubled the size of its second fund in raising its latest vehicle.
1 min read · 16 May 2014
The resurgent CLO market meant 3iDM was able to increase its AUM slightly to £6.5bn through raising four new vehicles to replace those reaching the end of their reinvestment periods.
2 min read · 14 May 2014
Colony Capital is targeting $1 billion for investments in portfolios of distressed real estate loans.
2 min read · 12 May 2014
The firm is expected to close its Fund II at its €450m hard-cap in the coming weeks.
2 min read · 12 May 2014
Yields in the European leveraged loan market fell below equivalent US figures, according to a Marlborough Partners report, citing S&P Capital IQ LCD data.
3 min read · 06 May 2014
The $27bn retirement system defines alternatives as including mezzanine, distressed debt and secondary strategies.
1 min read · 01 May 2014