The Franklin Square business development company, sub-advised by GSO Capital, swapped pre-bankruptcy debt for most of the new shares the reorganised debtor.
2 min read · 19 September 2016
Appu Mundassery, who joined the firm in 2009 and is based in the firm’s London office, will lead the firm’s European credit operations.
2 min read · 19 September 2016
The Spanish lender is targeting a €150m final close on its third vehicle and is looking to attract more international commitments to the fund.
2 min read · 19 September 2016
A source told PDI the firm is also in the process of lining up several managed accounts, fundraising efforts that come shortly after Churchill closed its first CLO deal.
2 min read · 16 September 2016
AMP’s hiring of Adam Heath as VP is part of the firm’s broader plan to seize on increasing opportunities in the US infrastructure debt market.
1 min read · 16 September 2016
China’s distressed debt market is opening up, providing opportunities for distressed asset managers seeking higher returns than the US debt markets are currently offering, reports PDI sister publication, Private Equity International.
3 min read · 15 September 2016
A US subsidiary of the Tokyo-based financial services firm has provided $30m in financing for the acquisition of oil production assets in the American Midwest.
2 min read · 15 September 2016
At the real estate event in Osaka, investors provided insights into where capital is heading, and why.
3 min read · 15 September 2016
Harvest XVI is the second CLO fund closed by 3i this year, and the first since the Brexit vote. It targets investments in senior secured loans used by private equity sponsors for buyouts.
1 min read · 15 September 2016
The firm has been boosted by an additional £20m of commitments from investors to its UK lending business, which has a particular focus on the leisure market.
2 min read · 14 September 2016
