Thirty percent is the maximum leverage level the firm will apply to the vehicle, which aims to provide an a 6 percent or higher annualised distribution rate when fully invested.
2 min read · 22 September 2017
Fitch Ratings said Sears, another distressed retailer, could make that number 12 percent if it seeks court protection by the end of the year.
2 min read · 21 September 2017
Wary of recent developments, private debt managers may even shelve investment in quality companies – creating, rather than addressing, a funding gap.
3 min read · 21 September 2017
The move comes as its $426bn Exchange Fund eyes more investments in infrastructure.
2 min read · 21 September 2017
Less than half of fund managers are ‘up to speed’ with investor information demands, a survey found.
2 min read · 20 September 2017
Toys R Us is requesting Chapter 11 loans that would eclipse the $2bn offered to Kmart 15 years ago.
2 min read · 19 September 2017
The regulator issued a risk alert after finding consistent shortcomings in the way performance is advertised.
2 min read · 19 September 2017
Some specialised healthcare clinics can provide private credit investors with better cashflow than hospitals.
3 min read · 19 September 2017
The transaction comes as MetLife looks to expand its asset management business.
2 min read · 18 September 2017
The European securities regulator said investors had been targeted by emails that used its logo and identity.
2 min read · 18 September 2017
