The manager is adding debt to its £1.4 billion Industrial Property Investment Fund as well as its UK Property Income Fund II.
3 min read · 16 October 2015
Steve Schwarzman attributed negative ENI to unrealized losses in the public markets, while highlighting record AUM growth of $97 billion across the firm and $7.7 billion at GSO over the past year.
3 min read · 16 October 2015
The battle over TICC Capital is a colourful spectacle that both encapsulates and distracts from the burning issue for BDCs: poor performers drag the whole sector down.
2 min read · 16 October 2015
Massachusetts-based Sonian, a tech company that handles cloud-based archiving, has lined up a $7.5 million venture debt financing from Ares Capital Corporation.
1 min read · 15 October 2015
The Catalyst Capital Group, which specialises in distressed-for-control investing, passed the $1.25 billion target for its latest fundraise.
1 min read · 15 October 2015
The short-term mortgage lender hopes to raise £150m to lend via its own platform. The marketplace lender also reported more than doubled annual profits of £3.1 million.
2 min read · 15 October 2015
The pan-EU regulator has given itself a new March deadline to determine which non-EU fund managers should be extended the AIFMD passport.
3 min read · 15 October 2015
Lenders to the bankrupt mining company are asking the bankruptcy court to investigate Oaktree Capital Management, alleging it saddled Molycorp with debt and caused its demise.
2 min read · 14 October 2015
The real estate-focused investment bank has launched its mezzanine and whole loan lending platform with support from shareholder, Omni Partners.
2 min read · 14 October 2015
Andrew Scotland, who joined HIG Capital’s distressed credit unit two years ago, has been made managing director.
1 min read · 14 October 2015