Fortress’s credit funds have continued to perform well, even though Peter Briger says the investment environment continues to be muted.
3 min read · 02 November 2015
Institutional consultants have been building private debt research practices in recent years and driving LP investments into the asset class. PDI spoke to some of the head research honchos about their views on the sector.
2 min read · 02 November 2015
Panellists and delegates at PDI’s Capital Structure Forum in London this week agreed that covenant-lite deals have no place in mid-market lending. Why, then, are cov-loose agreements on the rise?
3 min read · 30 October 2015
Jon Winkelried was previously co-chief operating officer at Goldman Sachs, and held other senior titles at the US bank over the years, including heading investment banking, fixed-income, currency and commodities, and leveraged finance.
2 min read · 29 October 2015
The US pension is investing the money via three special situations funds managed by Carlyle, H.I.G. Bayside and TPG.
2 min read · 29 October 2015
The Chicago-based lender has hired Mark Sturrock to lead origination efforts in Canada.
1 min read · 29 October 2015
The third Indian mezzanine fund is targeting 25 percent returns on 10-12 transactions.
2 min read · 28 October 2015
Private equity is not just about taking over companies, KKR’s co-founder said on the firm’s third quarter earnings call.
3 min read · 28 October 2015
The sale of roughly £12 billion in par value loans is expected to be concluded by the end of November.
2 min read · 27 October 2015
The Los Angeles lender will be investing in equipment leasing through loans originated by 36th Street Capital.
2 min read · 27 October 2015