Private equity firm Apollo Global Management (Apollo) is teaming up with International Financial Corporation (IFC), the investment arm of the World Bank, to launch a $1 billion debt platform for distressed assets in emerging markets. According to an IFC filing, IFC and Apollo will each inject up to $500 million in the non-performing loans (NPLs) […]
2 min read · 26 April 2016
The platform will buy pools of non-performing loans in several emerging markets.
2 min read · 26 April 2016
The US firm’s Global Market Strategies platform has finalised the $403m securitisation that was arranged by JPMorgan.
1 min read · 25 April 2016
The company joins a growing number of state owned enterprises that have been defaulting on debt lately, including Baoding Tianwei Group, Sinosteel Corporation and Shanxi Huayu.
2 min read · 25 April 2016
The Musale family has bought back 51% of auto graphics firm Classic Stripes from Navis Capital Partners with debt financing from KKR.
2 min read · 25 April 2016
The US firm has completed its ninth European private debt transaction after closing its European fund targeting mid-market companies on €500m last year.
2 min read · 25 April 2016
The boutique investment bank worked with the credit manager on the sale of four CLOs to Fortress. Hildene has now shut down its CLO business.
1 min read · 25 April 2016
The US pension fund has awarded $20m each to Beach Point Capital Management and Voya Investment Management for its opportunistic credit brief, after interviewing five firms.
1 min read · 25 April 2016
Stamford- based Wellfleet used an MOA to bring the new vehicle into US risk retention compliance.
2 min read · 22 April 2016
The Missouri-based company, which is awaiting court approval for a $300m bailout loan, was once the largest solar provider in the US.
2 min read · 22 April 2016
