The asset manager is in the process of closing its second direct lending fund.
1 min read · 09 March 2015
BDCs looking to break into closed-end funds and credit fund managers eager to get into BDCs have at least one thing in common: a long to-do list.
3 min read · 06 March 2015
The credit arm of CVC Capital Partners expects to raise $750m by year-end.
2 min read · 05 March 2015
The Chicago-based lender has named two new partners, two principals and one vice president from among its existing staff.
2 min read · 05 March 2015
German insurer Volkswohl Bund has reduced its fixed-income allocation to invest in real estate debt, PDI understands.
2 min read · 04 March 2015
The Federal Reserve has issued new guidance on the Volcker Rule that makes it easier for non-US banking entities to invest in private funds.
2 min read · 04 March 2015
The GSO sub-advised public BDC focused more on senior debt last year and achieved 7.17 percent returns on the net asset value of its portfolio.
2 min read · 03 March 2015
The $34 billion state retirement is raising its target to private debt to 10 percent from 3 percent, as opportunities in the asset class look more attractive than traditional fixed income.
3 min read · 03 March 2015
The credit manager is preparing for the next default cycle.
2 min read · 02 March 2015
Nat Zilkha and Alan Burke are replacing Craig Farr, who is stepping down and assuming an advisory role with the firm.
1 min read · 27 February 2015