Following a consultation paper launched in March, the UK government will table legislation designed to compel banks to direct SMEs they decline to finance to alternative sources of finance.
2 min read · 06 August 2014
The Virginia BDC is providing $8.75m in equity and debt financing to Southern Petroleum Labs in its acquisition by a consortium of private equity firms.
1 min read · 05 August 2014
The real estate debt specialist has lured Clifford Chance lawyer Owen Bale to its team in London.
1 min read · 05 August 2014
The €1.7 billion ESSLP programme has completed a three-part £113.5 million refinancing for UK blinds company Hillarys.
2 min read · 05 August 2014
M&G Investments has backed another housing association, this time providing £40 million to One Vision Housing in Merseyside, UK.
1 min read · 04 August 2014
Mayfair Capital Investment Management's Property Income Trust for Charities has sourced a second loan worth £24m from Canada Life.
1 min read · 04 August 2014
Fund managers with expertise in private debt can generate performance fees ranging from 10 to 20 percent, Moody's reports.
2 min read · 04 August 2014
The European mid-market is increasingly embracing US-style structures featuring higher leverage, no maintenance covenants and other sponsor-friendly features, according to Marlborough's Q2 review.
2 min read · 04 August 2014
The London-based unit of Massachusetts Mutual Life Insurance Company has co-arranged senior debt financing for two Electra-owned deals this year.
2 min read · 01 August 2014
The Central Bank of Ireland is set to lift a ban on private debt fund lending and has, as a by-product, designed Europe’s first regulatory framework specifically for the asset class.
2 min read · 31 July 2014