Private equity-owned LBOs are dominating the expanding pool of speculative-grade defaults.
3 min read · 17 August 2020
The coronavirus crisis kept banks away from the LBO market in Q2 but alternative lenders remained open for business.
2 min read · 13 August 2020
Company stakeholders are to discuss and agree on key details of the firm’s insolvency plan during the next creditor meeting. Interested parties include Bain Capital, Broad Peak, Tor Investment, and Queensland Investment Corporation.
4 min read · 13 August 2020
The Milan-headquartered asset manager has acquired the interest through a US subsidiary, which provides firms with permanent capital to support their further growth.
2 min read · 04 August 2020
Banks had still not fully dealt with the fallout from the GFC before the latest crisis came along. The pile of NPL stock is now set to grow much bigger, says Zach Lewy of Arrow Global.
4 min read · 03 August 2020
Credit Opportunities Fund II has held its final close, surpassing its $500m target.
2 min read · 14 July 2020
Wall Street piled into the US housing market, drove down pricing and increased leverage. As defaults have increased, the market has begun to return to its roots. By Jan Brzeski of Arixa Capital
5 min read · 13 July 2020
The deal is AnaCap’s second CQS transaction of loans to public sector employees.
1 min read · 09 July 2020
In a move that was flagged in January this year, the Los Angeles-based alternative assets manager will add $6bn of assets under management in pan-Asian investment strategies.
1 min read · 02 July 2020
Early signs indicate the nascent asset class is proving resilient to the pandemic’s shock, its first big test.
3 min read · 02 July 2020
