Three of China’s state-owned asset managers have been granted permission to buy distressed debt directly from corporates.
1 min read · 06 August 2015
The fund, distributed by Credit Suisse Hedging-Griffo, is targeting returns of up to 35 percent.
2 min read · 06 August 2015
Private debt funds which raised $1 billion or more primarily targeted distressed situations globally between 2008 and H1 2015
1 min read · 06 August 2015
Jack Finlayson, the former chairman and chief executive of Layered Technologies, who has held a variety of other senior telecom industry posts, has joined the New York-based lender as a senior advisor and strategic investor.
2 min read · 05 August 2015
The Italian investment bank is seeking to expand its asset management capabilities with the acquisition of 51 percent of Cairn Capital, the credit investor and adviser, in a deal that sees the exit of Royal Bank of Scotland.
3 min read · 05 August 2015
The Providence Equity-owned credit firm is buying the investment adviser attached to the $1 billion Connecticut BDC and plans to pivot the portfolio away from syndicated transactions and CLOs to more privately-originated loans.
3 min read · 05 August 2015
The $322.5 million triple-A notes priced at Libor plus 155 bps.
2 min read · 05 August 2015
Ares Capital Corporation’s management shared details on its plans for the wind-down of its SSLP joint-venture with GE Capital, as the BDC starts ramping up its new partnership with Varagon, sees new midstream energy opportunities via the Kayne Anderson acquisition and continues to post healthy financials.
3 min read · 05 August 2015
Oaktree and Castlelake have received almost $300 million in commitments from the US pension fund in the second quarter of 2015.
2 min read · 05 August 2015
The capital deployed is about $1 billion more than in the same period last year and spread across a variety of industries and geographies.
2 min read · 04 August 2015
