In addition to investing in the Blackstone real estate debt strategy, the Illinois pension made about $185 million worth of commitments to other real estate equity funds.
1 min read · 23 November 2015
The two private debt and equity firms have arranged an asset-backed securitisation for the online lender, which is a first such transaction for Victory Park.
2 min read · 23 November 2015
Debt managers busy trying to carve out a bigger share of Europe’s mid-market have not timed it well, argue some cautious voices. But with central bank stimulus propping things up how much wariness is warranted?
2 min read · 20 November 2015
The state pension fund has set aside $300m for a separate account with the TPG Special Situations’ TAO platform and $250m for a ‘tactical opportunities’ Blackstone fund targeting real estate credit instruments.
2 min read · 19 November 2015
The Q3 Private Debt Investor Fundraising Report 2015 is out now
1 min read · 19 November 2015
ICG-Longbow's Wheeler said the pace of deployment has picked up. The real estate lender has executed 22 deals so far this year.
2 min read · 18 November 2015
The CLOs have a total of $1.6 billion in assets and the deal should close by the end of the year.
2 min read · 18 November 2015
The New York-based private equity firm is expected to close its fourth property fund at its hard cap early next year.
2 min read · 17 November 2015
RiverNorth Capital Management, which owns 6 percent of Fifth Street Finance Corp shares, sent a letter to the BDC’s board outlining concerns over mismanagement and poor performance. The firm has demanded new board members and strategic changes to enhance stockholder value.
4 min read · 17 November 2015
The London-based manager produced strong fundraising and profitability figures as it reported its interim results. The alternative credit manager has nine vehicles currently in fundraising mode.
1 min read · 17 November 2015