Antares is lead arranger on a senior debt package for Liberty Hall Capital’s purchase of AIM Aerospace, while Carlyle GMS stepped in on a second lien loan.
2 min read · 08 February 2016
Goldman Sachs’ co-head of leveraged finance is joining the new lending firm, as Goldman combines its leveraged and structured finance businesses.
2 min read · 08 February 2016
The US alternative assets manager steps up programme of returning cash to shareholders through a modified “Dutch auction” share tender scheme.
2 min read · 08 February 2016
The US leveraged lending market has been leading Europe in terms of attractiveness for the past several months, with the yield gap widening substantially. The two markets are likely to converge again – but will the lending that has increased US yields spread to Europe, or will there be a resurgence of liquidity stateside?
2 min read · 05 February 2016
The US pension fund has invested in real estate debt funds with Cerberus and Colony, as well as a credit hedge fund with Benefit Street Partners and a special situations fund with Atalaya Capital Management.
2 min read · 04 February 2016
Gary Dokes, the chief investment officer of the Arizona State Retirement System, is leaving to assume the same post at the Arizona Community Foundation.
2 min read · 04 February 2016
Juri Jenkner moved internally from his role as co-head of the firm’s private debt business to support the strong growth of its infra programme.
1 min read · 04 February 2016
Capital gathered for closed-ended private subordinated and mezzanine debt funds increases by over $3 billion between 2014 and 2015.
1 min read · 04 February 2016
The NYSE-listed alternative investment manager reported a steep year-on-year fall in fourth quarter economic net income and announced a $250m share repurchase programme. The firm’s share price has fallen from around $24 per share a year ago to trade at under $13 per share this week.
3 min read · 03 February 2016
Doug Ostrover, one of the founders of GSO Capital Partners, and Marc Lipschultz, KKR’s head of energy and infrastructure, are launching Owl Rock Capital to invest in private loans. The duo are raising a private fund and setting up a BDC.
3 min read · 03 February 2016