The board of TICC Capital Corp has rejected a rival bid for control of the firm from TPG Specialty Lending. The BDC’s board is still recommending the switch from its own underperforming investment advisor to Benefit Street Partners, which was announced last month.
3 min read · 16 September 2015
The FSIC IV vehicle plans to offer 250 million shares at $10.60 per share to raise up to $2.65 billion.
2 min read · 16 September 2015
The Connecticut investment firm’s target for its Gramercy Distressed Opportunities Fund III is over three times larger than the $305 million raised by the predecessor vehicle.
2 min read · 16 September 2015
The former private investment arm of AXA insurance company has surpassed the figure raised for its second private debt fund by €500m.
2 min read · 15 September 2015
The Chicago lender provided $195 million in senior secured lines toward the refinancing of PE-backed Custom Ecology and its acquisition of another waste management company.
2 min read · 14 September 2015
3i’s former group financial controller has joined private lender Park Square Capital as chief financial officer.
1 min read · 14 September 2015
Average fundraising for closed ended private real estate debt funds showing growth in 2015
1 min read · 11 September 2015
The capital management firm is seeking to replicate the strategy of established names, Apollo and Fortress.
1 min read · 11 September 2015
The new European real estate lending team will be led by a new hire, Romain Linot, and launches with a new mandate.
2 min read · 10 September 2015
The US-based alternative investment manager has acquired Trimont Real Estate Advisors to capitalise on growth in the non-bank financial services. Trimont will be combined with First City Financial Corporation, which Värde bought in 2013.
2 min read · 09 September 2015
