The BDC’s energy exposure grew to 12% in the second quarter as the valuations of some large positions were boosted by a rally in oil prices and new deals.
3 min read · 17 August 2016
There is optimism at Proskauer that Brexit will result in the further development of the private debt market. The appointment of Ben Davis from Reed Smith is an attempt to seize on those opportunities.
2 min read · 17 August 2016
Focused on domestic institutional investors, the $991m vehicle will be deployed in project finance debt issued in overseas investment-grade markets.
2 min read · 17 August 2016
The £20m credit facility can be accessed by Rentplus over the next two years, as it continues its plan to build 5,000 more homes in the UK by 2020.
1 min read · 17 August 2016
The savings unit is eyeing the offshore CLO market after releasing its RFP for direct lending managers in May.
1 min read · 17 August 2016
The Purchase, New York-based investment shop plans to roll separately managed accounts into a commingled distressed fund.
1 min read · 16 August 2016
The US state pension fund is investing in a distressed credit fund with Centerbridge Partners and a junior debt vehicle with Blackstone-owned GSO.
2 min read · 16 August 2016
The firm is on track with its divestiture programme as the latest sale completes its exit from the French consumer finance market.
1 min read · 16 August 2016
The New York-based BDC of Owl Rock Capital Partners has made loans to companies operating in the manufacturing, food and beverage, healthcare equipment and aerospace/defence industries.
2 min read · 15 August 2016
The Los Angeles-headquartered private debt firm has hired a senior vice president in its new Chicago office and added to its ranks in Boston.
2 min read · 15 August 2016