The direct lending group at the alternative investment firm has acquired a £500 million portfolio of UK mid-market loans from the British bank and entered into a non-exclusive partnership with Barclays for origination of future UK transactions.
2 min read · 22 December 2015
The Bain Capital-owned credit firm has preliminary SEC filings in the works that outline the firm’s intentions to set up a private business development company.
3 min read · 18 December 2015
The Franklin Square/GSO BDCs have provided $260m in senior financing towards New Mountain Capital’s purchase of Trover Solutions, and its merger with Equian.
1 min read · 18 December 2015
It’s been a great year for private debt, but challenges on the horizon mean the next 12 months could be much more interesting.
2 min read · 18 December 2015
Executives speaking at the Bloomberg Middle-Market Lending Forum said they do not expect the Federal rate rise or recent junk bond turmoil to impact them soon.
2 min read · 17 December 2015
The European Banking Authority has issued new guidelines on limits to credit intermediaries which operate beyond the scope of regulation, effective as of 1 January 2017.
3 min read · 17 December 2015
The deal, made using Macquarie’s infrastructure debt fund, is the firm’s first in the regulated social housing sector.
1 min read · 16 December 2015
The $4.8bn transaction follows the sale of General Electric’s European mid-market financing business to the Japanese banking group in June.
2 min read · 16 December 2015
The firm, which is seeking $4bn for its third real estate debt fund, is eyeing a first close of around $1.5bn before year end.
2 min read · 16 December 2015
The CPPIB-owned lender has arranged a unitranche package to support ABRY Partners’ acquisition of Denver-based Direct Travel.
1 min read · 15 December 2015
