Summit Opportunities Fund II will target a 15 percent allocation to CLO equity as the firm develops its securitisation platform and ramps up its first European CLO.
2 min read · 06 November 2015
It’s results season and the third quarter was hard on many listed US alternatives managers. However, there’s a private credit silver lining.
3 min read · 06 November 2015
The private debt manager, which recently underwent a restructuring at ownership level, is back in the market with two successor funds – a new direct lending vehicle and its second special situations fund.
2 min read · 06 November 2015
Return on investments declined somewhat as the lender’s old Antares partnership winds down. The BDC is now busy ramping its new joint venture with Varagon and sees increasing potential in larger syndicated lending.
3 min read · 05 November 2015
The $93 billion investment firm for insurance companies is set to take a majority stake in the US debt manager for $175.6 million.
2 min read · 05 November 2015
The launch comes less than a year after the Australian fund manager closed its second debt vehicle on $1.1bn.
2 min read · 05 November 2015
The US lender has hired two retail and consumer products-focused experts in Boston for a new industry vertical.
2 min read · 05 November 2015
Globally focused closed-ended subordinated and mezzanine funds have seen a 617 percent jump in capital between Q1 and Q3 2015 and the same period last year.
1 min read · 05 November 2015
The American pension fund could hire two or more managers to handle $200 million to $400 million in a US direct lending mandate.
1 min read · 04 November 2015
Josh Easterly of TPG Specialty Lending has called on the board of TICC to reconsider his company’s bid for the BDC. He also hinted that new regulation could benefit issuers and shareholders.
3 min read · 04 November 2015
