Commercial banks’ bad loans hit 1.27 trillion yuan ($194 billion, €174 billion) in December last year, the highest level since June 2006, according to China Banking Regulatory Commission. And that figure has been climbing for the past three years.
2 min read · 14 March 2016
The BDC’s management also defended its decision to keep the current investment advisor intact, despite the underperforming vehicle being the subject of several takeover bids.
2 min read · 14 March 2016
Closed-ended fundraising focused on emerging markets has grown fivefold since 2008.
1 min read · 14 March 2016
The second tactical opportunities platform from Blackstone has received commitments from CalPERS and Florida State Board of Administration, among others.
2 min read · 10 March 2016
Several finance and government bodies in Ireland have started a €100mn debt fund based on a new lending model targeting milk prices.
2 min read · 10 March 2016
The Zug, Switzerland-based private markets investment manager plans to relocate a number of top executives from its existing US offices to a new regional headquarters location.
3 min read · 10 March 2016
Eurozone equity market valuations look attractive, especially compared with US equities, given the ECB’s accommodative policy, the bank said of the strategy, which will also include some bond investments.
2 min read · 09 March 2016
The $19bn debt and equity manager hires former BNP Paribas distressed and loan research head for distressed debt deals in Europe.
2 min read · 09 March 2016
TPG Specialty Lending is selling at an offer price of $16.42 to pay back credit facilities and write new loans.
1 min read · 09 March 2016
The Melbourne-based fund manager will aim to collect up to $3bn for junior and senior debt investments across OECD markets.
2 min read · 09 March 2016
