The firm’s fundraising has benefited from the $15.5bn in distributions it has issued over the last year, according to a third quarter earnings report.
1 min read · 01 November 2013
Eric Lloyd and Terry Harris join a mid-market financing subsidiary launched by Michael Hermsen (pictured) earlier this year.
2 min read · 31 October 2013
Leverage for the $330m fund was arranged by SunTrust Bank.
1 min read · 31 October 2013
Ares' Multi-Strategy Credit Fund is expected to close its $130m offering on 31 October.
2 min read · 30 October 2013
Fixed income generated a median 10-year annualised return of 6.6% for US pensions, according to a PEGCC study, but private equity remained the top performer.
1 min read · 30 October 2013
The Stockholm-headquartered firm garnered €845m in commitments from a broader LP base than its maiden distressed debt vehicle.
2 min read · 30 October 2013
Golub provided the Southern California fibre optics company with $59m through a one-loan debt facility.
1 min read · 29 October 2013
The global private equity firm has offered a $90m convertible loan to Apollo Hospitals to address company debt and build more hospitals.
2 min read · 29 October 2013
FW Capital, which manages the Tees Valley Catalyst Fund, has appointed two executives to oversee investments in the north east of the UK, reporting to Joanne Pratt (pictured).
1 min read · 28 October 2013
PE firms globally are more confident about the availability of leverage, with the exception of Indian GPs who find it ‘very difficult’ to obtain, according to a Grant Thornton report.
2 min read · 28 October 2013
