The BDC’s asset-based investments are targeting an unlevered gross return in the mid-teens, with commitments made in the first quarter to an aircraft leasing company and a mortgage lender.
2 min read · 13 May 2019
The partnership will see a geographic mix across the US and Europe, which will let BBDC access investments with different levels of yield.
2 min read · 10 May 2019
The firm also reported its first quarter earnings, which listed its largest portfolio ever at $2.15bn.
2 min read · 09 May 2019
Many in private markets seem content with market conditions, but it wouldn’t take much for a temporary wobble to become a longer-lasting problem.
3 min read · 09 May 2019
The borrower-friendly market was the source of many observations at the annual gathering of private equity professionals, private credit managers and service providers in those industries.
4 min read · 08 May 2019
Niche strategies are starting to grow in popularity – a necessary counterbalance to the capital allocations piling up for mid-market direct lending, says Ari Jauho, co-founder and partner at Helsinki-based fund of funds manager Certior Capital.
3 min read · 07 May 2019
The firm pushed its AUM up to $136.7bn on the back of another quarter of robust fundraising.
2 min read · 02 May 2019
The firm is the latest in a string of private market money managers to make the change, citing an expected increase in its share liquidity.
2 min read · 02 May 2019
The lender continued to write massive cheques in Q1, but the average portfolio company EBITDA, when adjusted for size, is $66m.
2 min read · 01 May 2019