The private debt fund manager has successfully exited a $7.6 million senior debt investment in indoor go-kart racing operator K1 Speed.
1 min read · 04 June 2013
Two BDCs managed by Gladstone Capital have jointly provided a mezzanine term loan to fund Fundamental Capital’s acquisition of pop-culture collectibles firm Funko in the US.
1 min read · 04 June 2013
The New Mexico State Investment Council had been poised to commit $100m to Western Asset Management until the firm announced CIO Steve Walsh’s plans to retire.
2 min read · 04 June 2013
UK-based Unite UK Student Accommodation Fund (USAF) is to refinance its debt after its parent established a new entity that will shortly issue a bond.
2 min read · 03 June 2013
The cyclicality of the debt markets is making it difficult for placement agents to market debt funds, according to MVision chief executive Mounir Guen.
3 min read · 03 June 2013
The $10.6bn retirement system opted to invest in domestic direct lending in-lieu of its sub-allocation for European credits.
2 min read · 03 June 2013
The Illinois Municipal Retirement Fund committed $100m each to a pair of Blackstone Group vehicles at its meeting last week.
1 min read · 31 May 2013
The firm has provided a mezzanine loan of $2m to water heating company Skyline Innovations.
1 min read · 31 May 2013
Alternative sources of debt needed to finance over $10trn of Asian infrastructure, delegates heard at a recent World Bank forum.
2 min read · 31 May 2013
An increasing number of LPs are boosting allocations to debt. Nick Cavalla, chief investment officer for The University of Cambridge Endowment Fund, explains why his fund is one of them.
2 min read · 31 May 2013
