The new bill, which was introduced by US Congressman Erik Paulsen, is meant to amend a tax provision that would allow for more foreign investment in BDCs.
2 min read · 04 May 2015
The $14.9 billion pension fund has decided to scrap its planned $40 million commitment to the Black Diamond Opportunity Fund IV.
2 min read · 04 May 2015
The Chicago-based Monroe Capital is set to reach a first close on its new credit fund this week, while also pricing a new CLO and raising equity for its BDC.
3 min read · 04 May 2015
The alternative investment firm’s assets grew by 16 percent from a year earlier, while adjusted net income fell by 37 percent.
2 min read · 30 April 2015
The firm, which started lending operations in July last year, is sounding out investors for its first fund.
1 min read · 30 April 2015
The $4.2 billion pension plan expects to place $15 million with each manager hired and is conducting the search through its consultant, NEPC.
1 min read · 30 April 2015
Senior debt funds raised the most investor capital globally in Q1 2015 at $6.77 billion out of an aggregate amount of $15.09 billion
1 min read · 30 April 2015
The alternative investment firm’s new lending arm, now called Twin Brook Capital Partners, has added former Madison Capital Funding execs and others to its ranks.
2 min read · 29 April 2015
Harbert holds final close on third mezz fund, which is its first non-SBIC mezzanine fund.
1 min read · 29 April 2015
The New York-based BDC manager will purchase MCG stock in a $175 million deal and combine it with its PennantPark Floating Rate Capital (PFLT) vehicle.
2 min read · 29 April 2015