European banks are increasing the pace at which they offload non-core loans, with 2013's total 40% higher than 2012's and a further increase due this year, PwC says.
2 min read · 25 March 2014
The London-headquartered manager has raised the bar with its direct lending fund, which closed on €2bn after 14 months on the road. In addition, it raised €1bn for the strategy through separate accounts, PDI can reveal.
2 min read · 24 March 2014
BDCs are, like floral print dresses (hey – we read style magazines too), very much in vogue at the moment. Here’s why.
3 min read · 21 March 2014
Shares of the business development company began trading on the New York Stock Exchange Friday morning.
1 min read · 21 March 2014
The US fund manager has bolstered its credit hedge fund team as it looks to raise an initial $500 million for its latest long / short fund.
1 min read · 21 March 2014
US lender Fifth Street has financed the buyout of occupational health provider RSOH by The Riverside Company, the second time in a month the private equity group has made use of a non-bank lender to provide financing.
1 min read · 20 March 2014
The Indian firm has raised $123m for its first real estate debt fund solely from domestic investors.
2 min read · 20 March 2014
DORC provides medical instruments and equipment for eye surgeries.
1 min read · 19 March 2014
US private equity firm Apollo has managed to acquired a two-thirds majority position in the TV company's debt, paving the way for a debt-for-equity restructuring.
2 min read · 19 March 2014
LA County approved a $100m commitment to the fund at its meeting last week.
2 min read · 19 March 2014
