The Volcker Rule prohibits banks from sponsoring or having interests in certain CLO products.
1 min read · 08 April 2014
Proceeds from the termination will be used to fund commitments to Babson Capital and Crescent Capital.
1 min read · 03 April 2014
Prudential Financial's real estate investment arm has raised €265m for its latest junior debt fund, which will focus on investments in Netherlands.
2 min read · 03 April 2014
The $180.8 billion retirement system made the bulk of its distressed commitments in the years leading up to the financial crisis.
2 min read · 02 April 2014
New UK lender Wellesley, co-led by chairman and founder Graham Wellesley, has lent £8.3m in the largest peer-to-peer platform loan in Britain.
1 min read · 02 April 2014
Ares Management will trade on the New York Stock Exchange under ARES.
1 min read · 31 March 2014
The $7.4bn retirement system has made two commitments to private debt funds since April.
2 min read · 27 March 2014
The commitments to debt/special situations will come from the retirement association’s private equity and alternatives allocation.
1 min read · 26 March 2014
With investor appreciation for cov-lite on the rise, more than three quarters of European sponsor-backed M&A activity this year has been financed with term loans.
2 min read · 25 March 2014
ATP joined forces with buyout firms Advent International and Bain Capital to fund the acquisition of Nordic payment processor Nets for €2.3bn.
2 min read · 25 March 2014