The recently rebranded firm, which focuses on mezzanine lending in China, expects to have raised $50m by the end of April for its latest $200m fund.
2 min read · 11 April 2013
The $161.5bn retirement system’s distressed debt and mezzanine portfolios failed to clear three and five year performance benchmarks, which contributed to a disappointing returns for the private equity programme.
2 min read · 10 April 2013
The New York-based debt fund manager has acquired a $27.8 million mortgage using its seventh opportunistic/value-add fund.
1 min read · 09 April 2013
Hong Kong-based asset manager Shoreline Capital has held a final close on $303 million for a second Chinese distressed debt fund.
2 min read · 09 April 2013
Head of infrastructure debt Deborah Zurkow says the group might also invest in AllianzGI’s debt funds.
2 min read · 10 April 2013
The Florida State Board of Administration’s $6.4bn strategic investments portfolio – which includes commitments to private debt funds – had generated a 15.8% one year return as of 31 January, according to board documents.
1 min read · 09 April 2013
Gulf Capital is on course to hold a final close of its first credit fund at a hard cap of $300m by the end of the year, having launched fundraising in 2011.
2 min read · 02 April 2013
M&G has partnered with the European Investment Bank to provide debt finance to a new children’s hospital project in the UK.
1 min read · 28 March 2013
The US-based firm, which is led by co-founders Mark Okada (pictured) and James Dondero, hopes to raise between $750m and $1bn for The Highland Loan Fund.
2 min read · 28 March 2013
Alternative asset manager AXA Private Equity, an active provider of unitranche financing in recent years in tandem with its buyout activities, has finally agreed to spin out from its insurer parent in a deal valuing the firm at €510 million.
1 min read · 22 March 2013
