The sun is shining on private equity, and private debt is largely to thank. Alistair Hay of Cavendish asks whether PE has ever had it so good, and how the two funding solutions co-exist.
5 min read · 29 August 2017
The publicly-traded vehicle, which would be seeded from the company’s balance sheet assets and two non-traded REITs, would have $5.5bn in assets.
3 min read · 28 August 2017
Chinese capital controls have been making it tougher for businesses to move money offshore, but this may open the door for private debt fund managers.
4 min read · 25 August 2017
The loan comes two months after the firm’s largest unitranche deal to-date, a $675m loan to PetVet Care Centers.
1 min read · 24 August 2017
The plight of the Dallas Police and Fire Pension System raises questions over pension fund governance and the risk for asset managers and advisors.
8 min read · 24 August 2017
Increasing numbers of first-time fund managers are attempting to squeeze into the private debt crowd. Finding enough high-quality deals will be a challenge.
3 min read · 24 August 2017
Most British universities’ endowment funds have been slow to form private debt allocations, in contrast to their North American counterparts.
4 min read · 23 August 2017
The firm has agreed to sell its two BDCs and last month closed a sale of its senior loan vehicles.
2 min read · 22 August 2017
A distressed debt shop in suburban New York hopes its investment will allow it a smooth drive into the Texas sunset.
2 min read · 22 August 2017
The Japanese investment manager has also secured an overseas infrastructure mandate from Chikyoren, one of the biggest pensions in Japan.
1 min read · 22 August 2017