The unit represents the fastest growing channel at Apollo, while overall profit slightly declines.
3 min read · 06 August 2014
Following a consultation paper launched in March, the UK government will table legislation designed to compel banks to direct SMEs they decline to finance to alternative sources of finance.
2 min read · 06 August 2014
The private equity and debt firm raised $6bn for its closed-end funds in the last 12 months and has many more in the works.
2 min read · 04 August 2014
The Virginia BDC is providing $8.75m in equity and debt financing to Southern Petroleum Labs in its acquisition by a consortium of private equity firms.
1 min read · 05 August 2014
The New York-based real estate equity and debt firm has raised $145 million for the first close of its third real estate debt fund.
2 min read · 01 August 2014
Fund managers with expertise in private debt can generate performance fees ranging from 10 to 20 percent, Moody's reports.
2 min read · 04 August 2014
The New York-based firm's credit hedge funds now have $5.4 billion in assets and the credit private equity funds are at $9.7 billion, while total firm AUM has grown to a peak of $63.8 billion.
2 min read · 31 July 2014
The Central Bank of Ireland is set to lift a ban on private debt fund lending and has, as a by-product, designed Europe’s first regulatory framework specifically for the asset class.
2 min read · 31 July 2014
Bill Sacher, who has led Oaktree's mezzanine unit for 13 years, has left the firm following a disagreement about strategy.
2 min read · 31 July 2014
The portfolio of global corporate loans marks the Boston-based credit firm's biggest portfolio acquisition, and its first from a US bank.
2 min read · 28 July 2014