KKR plans to pool capital from two funds to purchase stressed assets in India through a partnership with the Indian International Asset Reconstruction Company.
2 min read · 30 March 2016
The all-cash transaction will also see the US firm pay down €145m of junior debt.
2 min read · 30 March 2016
Permira Debt Managers is targeting €300m for the final close of its fourth CLO fund, which would make it one of the largest CLO funds raised in Europe.
1 min read · 29 March 2016
Andrew Caspersen, who focused on advising secondaries transactions, including GP-led restructurings, allegedly tried to defraud two institutional investors of more than $95m.
3 min read · 29 March 2016
Joel Thickins joins TPG from Australian PE firm CHAMP, while the country head and Asia co-head Ben Gray is set to leave the firm at the end of the year.
2 min read · 29 March 2016
Managing directors Lee Stern and Aaron Peck, as well as vice president Kyle Asher, will lead the firm’s new sector specialty.
2 min read · 25 March 2016
The Midwestern pension fund heard presentations from two other direct lending managers and plans to interview five for its opportunistic credit search. The retirement fund has also hired a new CIO.
1 min read · 25 March 2016
The Chicago-based firm is aiming for the same target as its previous fund and has so far won a commitment from the Minnesota State Investment Board.
1 min read · 25 March 2016
Private equity is renowned for its focus on the bottom line. Lenders lining up to tout their relationships need to bear this in mind when backing the biggest, most aggressive deals.
2 min read · 25 March 2016
The California pension fund has established a first-time private credit allocation following a recommendation from its consultant, Verus.
2 min read · 25 March 2016
