As investor interest in the private debt market rises, so do the closed-ended fundraising figures.
1 min read · 17 March 2016
Indian asset reconstruction companies have added approximately $6 billion in assets under management on the back of key regulatory changes in the last 24 months and JC Flowers is the latest foreign manager to jump into the sector.
2 min read · 17 March 2016
Investments exited in under three years will be taxed as income rather than capital gains. The Chancellor also announced plans to limit how much interest expense companies can deduct from their tax bills.
2 min read · 16 March 2016
A court ordered examiner’s report on the Caesars bankruptcy posited that potential damages related to the company’s spin-off of certain valuable assets ahead of the debt restructuring could be in the $3.6 billion to $5.1 billion range.
3 min read · 16 March 2016
Ironsides Partners has filed definitive proxy materials with the SEC requesting the election of new board members to the Fifth Street Senior Floating Rate Corp (FSFR) BDC and demanding that the investment manager be replaced.
2 min read · 15 March 2016
Impact investor TriLinc hires investment manager adviser Alsis for a credit push into Mexico and Latin America.
2 min read · 15 March 2016
The transaction involving The Fresh Market will be financed by $800m of new senior secured notes and $525m of equity from Apollo and the rollover of the owners’ stake.
2 min read · 15 March 2016
The US SEC has filed a complaint last week alleging that the Oregon-based private credit firm and three top executive were hiding Aequitas’s rapidly deteriorating financial condition.
3 min read · 15 March 2016
GE Capital is selling its commercial lending and leasing business in India to AION Capital Partners and a team of former GE executives.
2 min read · 15 March 2016
Canada Pension Plan Investment Board and Kotak will pour $525m into Indian stressed debt. The investments will be under a separate flexible mandate from Kotak’s existing distressed asset investment unit, Phoenix ARC.
2 min read · 15 March 2016
