ICG’s liquid credit head, Dagmar Kent-Kershaw, is to be replaced by Babson Capital high-yield specialist Zak Summerscale as part of push to grow that side of the business.
2 min read · 09 March 2016
Opportunistic debt specialists Michael Guy, Sanjeev Sarkar and Andrey Panna have joined to open the firm’s first European office.
2 min read · 08 March 2016
Franklin Square Capital Partners has teamed up with One Equity Partners to form an operating company that will invest in mid-market private businesses.
1 min read · 08 March 2016
The UK lender is hoping for a first close in Q2 for its latest mezzanine vehicle.
2 min read · 07 March 2016
TD Asset Management’s fixed-income group is launching long-term and medium-term private debt funds for Canadian institutional investors.
2 min read · 07 March 2016
The $1bn fund invested just $7.4mn in the fourth quarter, citing the tumultuous market environment as the reason why it opted to stay on the sidelines.
2 min read · 07 March 2016
Troy Ward and Greg Mason, formerly senior analysts covering BDCs at Keefe Bruyette & Woods, have joined Ares where they will manage a fund dedicated to financial stocks, including BDCs.
2 min read · 04 March 2016
As private equity fundraising continues to slip, debt markets are growing.
1 min read · 03 March 2016
The new fund will target a cash yield of 8-10 percent and internal rate of return of 18 percent.
3 min read · 03 March 2016
The BDC, which has about 9 percent of its portfolio in energy, detailed its largest positions and mark-downs in the fourth quarter of last year. Management argued that the companies have cut spending and sourced equity infusions to remain on a sound footing.
3 min read · 03 March 2016
