The University of Michigan will hold this investment within its $1.27bn absolute return portfolio.
2 min read · 22 April 2013
British hotel chain Jurys Inn has completed a debt refinancing that will see existing shareholders pump £120m in new equity.
1 min read · 19 April 2013
A mismatch in supply and demand has created big opportunities for credit and distressed lending in Asia, delegates heard at the PEI Global Alternatives Investment Forum in Tokyo this week.
3 min read · 19 April 2013
Debt fund manager CVC Credit Partners, managed by Marc Boughton, continues to build its team with two senior hires: ex-UBS credit originator Stuart Levitt and former operations head at Chalkhill Partners Julia Agafonova.
2 min read · 18 April 2013
The $9.2bn retirement association may add a 10% allocation to private debt strategies as early as August, according to meeting materials.
2 min read · 17 April 2013
As the debt market in India becomes increasingly popular with GPs, the development finance institutions have backed Au Financiers directly in a $60m funding round.
2 min read · 16 April 2013
The Texas County & District Retirement System announced it had increased its distressed portfolio by $375m at its April meeting. The commitments are subject to investment and legal due diligence.
1 min read · 15 April 2013
Infrastructure debt specialist Stonebridge Financial Corporation has launched its second fund, which has a $300m target.
1 min read · 15 April 2013
Harbert European Growth Capital Fund, managed by Johan Kampe (pictured) and David Bateman, is hoping to raise €200m to invest in European technology companies.
2 min read · 12 April 2013
US private equity firm TPG Capital has hired Doughlas Paolilo to run its new collateralised loan obligations (CLO) venture, the firm confirmed.
2 min read · 12 April 2013
