The distressed specialist saw its earnings drop in the third quarter, but is happy to wait for distressed opportunities as it builds up dry powder reserves.
3 min read · 03 November 2015
The growing insurance holding business, which owns an expanding direct lending platform, helped boost earnings at Apollo Global in Q3. The firm is also seeing increasing separate accounts with LPs and sub-advisory mandates with mutual funds focused on credit.
2 min read · 03 November 2015
Lynn Gilbert is M&G's new head of senior real estate lending.
2 min read · 03 November 2015
The Switzerland-based asset manager expects to hold a first close at the end of the year.
2 min read · 03 November 2015
A third-quarter decline in credit hedge fund fees and slower deployment hit Global Markets Strategies’ results, although the firm sees future opportunities in energy credit, CLOs and other strategies.
3 min read · 03 November 2015
The bidding war for TICC rumbles on as TPG increases its bid following the offer of a temporary fee cut and legal delays to the shareholder meeting.
2 min read · 02 November 2015
The private investment group has provided debt and equity to Affordable Care Inc.
2 min read · 02 November 2015
In a sign that some private debt funds are underwriting bigger unitranche loans, ICG is the sole provider of £155 million in debt to Gala Bingo.
2 min read · 02 November 2015
Fortress’s credit funds have continued to perform well, even though Peter Briger says the investment environment continues to be muted.
3 min read · 02 November 2015
Direct lending comes under scrutiny at PDI’s third European conference. There are still pockets of opportunity in private debt however.
4 min read · 29 October 2015
