The $2.9 billion pension plan plans to place $40 million with an opportunistic credit manager and allocate $20 million to a direct lending mandate.
2 min read · 05 October 2015
Managers speaking publicly and on the sidelines at this week’s PDI Forum in New York say deal making is slowing as lenders assess conflicting market signals.
2 min read · 01 October 2015
Domestic capital dominates Western European-focused private debt fundraising, with the United States and Australia the only foreign representatives in the top ten
2 min read · 02 October 2015
Significant fund closes in the third quarter drive growth in the year-to-date fundraising tally, which already exceeds the full-year 2014 total.
2 min read · 01 October 2015
Oak Hill Advisors and The Carlyle Group have both began marketing global distressed funds and are each aiming to raise $2 billion.
2 min read · 01 October 2015
LPs and GPs at the second annual Private Debt Investor Forum in New York agreed that private debt is increasingly becoming a permanent part of institutional portfolios. Now it’s time to get to work on the details of how it works and where the risks lie.
3 min read · 01 October 2015
The Dusseldorf-based real estate debt manager secured more than half of the loans against offices and the rest against hotel, residential and logistics properties.
1 min read · 01 October 2015
The Chicago-based firm is raising $300m in equity for its NXT Capital Senior Loan Fund IV and expects to top that up with $500m in bank leverage as it did on the predecessor vehicle.
2 min read · 30 September 2015
The private debt manager expects the fund to be fully invested by October.
2 min read · 30 September 2015
Ares Capital Corporation and American Capital both announced share repurchase programmes this week in an attempt to bolster stock prices which are trading at discounts to NAV.
2 min read · 29 September 2015
