Medley Capital Corporation is lowering its management and incentive fees and restructuring the latter to include netting. The BDC is also ramping its share repurchase programme.
2 min read · 07 December 2015
The European Secured Property Income Fund is M&G’s first commingled real estate fund launch in three years.
2 min read · 07 December 2015
The date for TICC Capital Corp stockholders to vote on a sale of the investment manager to Benefit Street Partners has been set for 22 December.
3 min read · 07 December 2015
The alternative investment firm has inked a deal with Fannie Mae for a $2.7 billion loan supporting its acquisition of the Stuyvesant Town complex in New York. Wells Fargo is originating the 10-year loan.
3 min read · 04 December 2015
Less than a third of investors surveyed for PDI’s annual LP Perspectives study would invest with a niche manager in the next 12 months
1 min read · 04 December 2015
The vehicle is Ping An’s first US dollar denominated fund and will be used to extend loans to small to medium sized enterprises. Adamas Asset Management is also Ping An’s first joint venture partner, PDI understands.
2 min read · 03 December 2015
Brunswick Real Estate’s debt financing arm has supported the acquisition of two retail properties in Stockholm.
2 min read · 03 December 2015
The Los Angeles-based firm expects to hold a first close on its seventh mezzanine fund later this month on roughly half the $3bn target. The US firm also recently closed its first dedicated European fund at its €500m target.
2 min read · 02 December 2015
Class-action lawsuits and shareholder criticism dominated the third-quarter earnings call as Fifth Street Finance Corp’s investment advisor faced fresh criticism over rising legal costs and falling earnings at the underperforming BDC.
3 min read · 02 December 2015
The US credit firm is expanding its Asian footprint on the heels of its acquisition of GE Capital’s Australian consumer finance unit. The firm also announced senior management changes.
2 min read · 02 December 2015
