The two companies are among the first managers to take action on the new statute, which raises the allowed debt-to-equity ratio from 1:1 to 2:1.
3 min read · 02 April 2018
The partnership will lend to companies with less than $100m in EBITDA.
2 min read · 02 April 2018
The new arrangement is all but complete, with the shareholders of all requisite BDCs signing off on the marriage. An upside in their stock price, however, has been outweighed by other factors.
7 min read · 30 March 2018
Silver Point Capital is seeking $750 million for distressed investments in the North American mid-market businesses, a goal for which the firm has already passed the two-thirds mark. The Greenwich, Connecticut-based firm is in market with its Silver Point Distressed Opportunity Institutional Partners, which has a $1.5 billion hard-cap, according to an investor presentation to […]
2 min read · 29 March 2018
Will BDC investors remain on safe ground or will they be imperilled by new regulations around the use of leverage?
2 min read · 29 March 2018
The implementation of the new insolvency and bankruptcy code is among factors boosting Indian non-performing asset investments.
1 min read · 28 March 2018
One of the country’s biggest reforms of recent years has created a much better climate for distressed investors, says Nitin Jain of Edelweiss in this two-minute video.
1 min read · 28 March 2018
The investment platform includes three strategy-specific funds and a flagship vehicle that would deploy capital across all strategies.
2 min read · 27 March 2018
Blackstone’s Strategic Capital Group, part of the industry giant’s hedge fund solution group, has acquired a minority stake in PAG, the Asian fund manager.
2 min read · 27 March 2018