The private debt group, headed by Susan Kasser, who came over from Carlyle in 2013, is said to be offering lower than average fees to LPs.
2 min read · 27 July 2015
The $2.55 billion deal will create one of the largest alternative asset managers. The combined firm will focus on a management fee earning model.
4 min read · 24 July 2015
The Royal Bank of Scotland has disposed of £1.7 billion of real estate loans made by its Irish subsidiary, Ulster Bank.
2 min read · 24 July 2015
The French private lender has hired an ex-BNP Paribas banker to manage its CLO portfolio and wider leveraged finance assets.
1 min read · 23 July 2015
The fund will make about 20 investments in mature healthcare firms over the next three to five years.
2 min read · 23 July 2015
The US firm led by Black Diamond co-founder James Zenni has priced its debut securitisation. The vehicle is said to be the first CLO launched by a debut manager in 2015.
2 min read · 23 July 2015
Senior managing director Devon Russell left the firm this week, joining a growing list of executives who have departed the Chicago-based lender in recent years. But the firm has just announced that it has appointed a new head of mezzanine credit who joins from subordinated debt specialist, Sankaty Advisors.
2 min read · 23 July 2015
Tom Affolter will join the Chicago office of Babson Capital in two weeks following his departure from Victory Park Capital.
1 min read · 23 July 2015
Distressed debt funds majorly opt for a global approach when choosing a region to invest into
1 min read · 22 July 2015
The next market slowdown still seems to be some way off, according to speakers at this week’s Private Equity Exclusive conference, so private debt managers are looking at opportunities outside of distressed for returns.
3 min read · 22 July 2015