Several law firms and the Shareholders Foundation have announced an investigation into potential securities law violations by the lending firm. Medley also announced its second quarter results, which show an AUM increase but a revenue drop stemming from some credit losses.
4 min read · 17 August 2015
There has been a noticeable smatter of mergers and acquisitions among managers in the private debt market recently. So has the anticipated wave of consolidation begun? And does it benefit investors as much as the managers?
2 min read · 14 August 2015
New Mountain Capital has named Karrie Jerry interim chief compliance officer (CCO), replacing Paula Bosco, who departed earlier this summer.
1 min read · 13 August 2015
The vehicle has deployed 19 percent of its capital since it listed in May.
2 min read · 13 August 2015
Asia-Pacific focused senior private debt funds are largely under-allocated in comparison to other regions of the world
1 min read · 13 August 2015
The California pension fund has issued a request for proposals for two separate direct lending allocations, one European and an Asia/Pacific direct lending strategy.
2 min read · 13 August 2015
The asset management arm of the South African-headquartered bank attracted private investors alongside the development finance institutions that anchored the Sub-Saharan debt fund. Investec described it as the “first dedicated African credit and debt capital markets fund of its kind globally”.
3 min read · 13 August 2015
Franklin Square and GSO executives discussed energy, opportunities and risk at length during the BDC’s second quarter earnings call after the firm reported strong results.
3 min read · 12 August 2015
The $70.5 million financing is in support of private equity-backed tech company Connexity’s purchase of Become Inc and PriceGrabber.com.
1 min read · 12 August 2015
President Michael Arougheti calls GE Capital’s exit from the market “a net positive” during the firm’s second quarter results call.
3 min read · 11 August 2015
