Multiple lenders advised by the alternative asset management firm were first-lien lenders to Warren Resources before it sought bankruptcy protection.
2 min read · 07 June 2016
Houlihan veteran Derick Pitts is to join Peter J. Solomon Company in September to lead the firm’s restructurings practice.
1 min read · 07 June 2016
Axa IM Novalto_CLO Credit Fund focuses on investing in mezzanine debt tranches of CLOs. A pension fund has already committed $50m.
2 min read · 07 June 2016
Redwood Trust is selling off a $241.3 million commercial loan portfolio consisting mainly of mezzanine loans, the sale of which will complete the firm’s exit from the commercial loan business, reports PDI sister publication Real Estate Capital.
2 min read · 06 June 2016
The sixth distressed fund from New York private investment firm thought to be nearing its hard-cap.
2 min read · 06 June 2016
The private equity firm attracted investments from a number of large US pension funds for its third credit opportunities fund, which targets the European consumer, SME and mortgage markets.
2 min read · 06 June 2016
The Chicago-based mid-market lender added $53m to existing $100m facility to support acquisitions by Ohio-based facilities-services company.
1 min read · 03 June 2016
After a difficult start to the year, some private debt managers now seem to be raking in assets from investors, but how long will it last?
3 min read · 02 June 2016
The credit facility supporting Thoma Bravo’s acquisition of Qlik Technologies is the largest deal ever led by a BDC.
3 min read · 02 June 2016
Cushman & Wakefield appoints structured finance head
1 min read · 02 June 2016
