Executives on Medley Management’s earnings call were hopeful that future AUM growth around new products and existing dry powder will justify the 20 cent dividend, which was 6 cents above its core net income in Q2.
3 min read · 15 August 2016
GLAS has appointed Paul Wilden to head up its operations in the Asia Pacific market. The firm will base its Asian operations in Singapore.
1 min read · 15 August 2016
The latest report from Marlborough Partners shows a 30% drop in the issuance of leveraged loans in the UK and a 4% decline across Europe in the run up to Brexit.
1 min read · 12 August 2016
The Los Angeles-headquartered alternative investment firm raised $400m towards a US direct lending fund in Q2. The firm is said to be aiming for $2.5bn.
2 min read · 11 August 2016
Starwood to buy £75m mezzanine portion of UK hotel loan 2016-08-11 Daniel Cunningham Starwood’s listed debt vehicle, Starwood European Real Estate Finance Limited (SEREFL), is to buy a £75 million mezzanine loan secured by a portfolio of UK hotels for £73 million, PDI sister title Real Esta
2 min read · 11 August 2016
Tennenbaum’s BDC reported earnings from a strong second quarter that saw $18.5m in net investment income for the Los Angeles-based firm.
2 min read · 10 August 2016
The investment will be ploughed into the firm’s global expansion plans.
2 min read · 10 August 2016
Pillarstone has acquired a 100% stake in the Italian telecoms company, assuming its debt obligations.
2 min read · 10 August 2016
The CPPIB-owned lender has been talking to investors about forming long-term partnerships for lending deals.
2 min read · 10 August 2016
The US alternative investment firm reported fundraising across its European and US direct lending strategies, high-yield and structured credit during the quarter.
2 min read · 09 August 2016