TPG Specialty Lending and Benefit Street Partners have taken their merger battle public, each urging shareholders to accept or reject an offer for TICC’s investment manager.
5 min read · 08 October 2015
A drop in leveraged loan issuance collides with record-high leverage multiples in the US and weaker covenants in the European mid-market.
2 min read · 08 October 2015
The Chicago-headquartered firm is also moving existing vice president Geoff Mikelsons to Los Angeles to expand its West Coast presence.
1 min read · 08 October 2015
The $52 billion Pennsylvania pension plan is making new commitments to the Avenue Special Situations fund and the OWS Credit Opportunity fund, while also drafting a high-yield separate account with TPG.
3 min read · 07 October 2015
This is the twelfth office for the Paris-based firm, which is building a local team to focus on fund of funds relationships, and direct, infrastructure and private debt investments.
2 min read · 07 October 2015
The oversubscribed credit fund was initially targeting $300 million.
1 min read · 07 October 2015
The vehicle will focus on US dollar-denominated fixed income debt investments, including government and corporate bonds.
2 min read · 07 October 2015
Hoping to expand its infrastructure debt platform beyond Europe, the asset manager has sent two executives to New York to test the waters.
2 min read · 06 October 2015
The Boston-headquartered credit firm is eyeing sectors such as energy, shipping, media and mining for its global distressed vehicle, which is targeting $3.5 billion overall.
2 min read · 05 October 2015
The GSO, Carlyle and AE Industrial Partners-backed firm has agreed to purchase an aircraft lease and loan portfolio from GE Capital Corporate Aircraft in the Americas.
2 min read · 05 October 2015
