As US Congress gets ready to reform the tax code, private credit and private equity firms will square off with elected leaders over a tax deduction that is crucial to both asset classes.
3 min read · 10 November 2017
Over 80% of the firm’s investments in the third quarter backed LBOs and acquisitions.
2 min read · 09 November 2017
The firm has set a management fee of 1.5% on invested capital along with a 20% carried interest fee over a 7% hurdle rate.
2 min read · 09 November 2017
The biggest firms: Numbers six to 10 in the PDI 50 ranking.
4 min read · 09 November 2017
With private debt fundraising set for a record-breaking year, the time couldn’t be better to expand the PDI 30 to 50.
6 min read · 09 November 2017
As more and more capital pours into global junior capital funds, unitranche and senior lenders are snatching up what might have been mezz loans.
5 min read · 09 November 2017
Non-bank lenders are positioning themselves as partners to SMEs going through transformative events. Andy Thomson hears about perceived opportunity and concerns about the cycle.
10 min read · 08 November 2017
There was no shortage of takers for the debt financing backing the buyout of German drugs firm Stada, despite an aggressive element to the structure.
3 min read · 08 November 2017
The mid-market lender cut its dividend by 33% and reduced its annual net investment income outlook.
2 min read · 08 November 2017