AnaCap Financial Partners has bought two Italian non-performing loan portfolios with a combined face value of more than €2 billion.
2 min read · 04 March 2016
The BDC, which has about 9 percent of its portfolio in energy, detailed its largest positions and mark-downs in the fourth quarter of last year. Management argued that the companies have cut spending and sourced equity infusions to remain on a sound footing.
3 min read · 03 March 2016
The real estate investment management business of the US insurer is targeting 12 percent returns for its sixth European real estate debt vehicle.
2 min read · 25 February 2016
The US asset manager plowed more than $12 billion into corporate credit last year across bank loans, high-yield and bridge financings, $4.5bn of that total went into directly negotiated investments.
3 min read · 24 February 2016
White Tower is suing Colliers International UK alleging that the firm overvalued some of the assets in a £1.8 billion UK office portfolio which backed a high profile defaulted European securitisation during the financial crisis.
2 min read · 24 February 2016
The firm’s credit business has told clients it is evaluating a number of increasingly attractive investment options, such as European NPLs, BDC portfolios and energy credit.
2 min read · 24 February 2016
The credit firm and Arrium have agreed an exclusivity period after GSO offered to pour almost $1 billion into the miner.
2 min read · 23 February 2016
The $9 billion Ares BDC has scheduled a special meeting of stockholders where it will seek their permission to issue new shares as it trades at around 0.8x book value, a move that would be dilutive to existing investors.
2 min read · 18 February 2016
The UK accounted for more than one-third of the total loan sales in 2015, according to a new report by accountancy firm KPMG.
3 min read · 18 February 2016
Finnish financial group OP Financial has acquired a portfolio of fund stakes, including debt funds, from Suomi Mutual Life Assurance Company which is selling assets as it closes down.
2 min read · 18 February 2016
