The New York-based retirement fund is looking to enter the senior real estate debt arena in Europe, building a team first in the UK and before expanding into continental Europe.
2 min read · 11 February 2013
The firm announced in December the hiring of former Blackstone executive Sal Gentile to head its North American efforts and is adding to the US-based team.
2 min read · 08 February 2013
The firm’s debut energy mezzanine fund had a $500m target and invests in energy companies similar to those in Energy Capital’s two private equity funds.
2 min read · 08 February 2013
Market participants are urging European regulators to reassess CLO rules, which they believe have barred new CLOs being raised since the credit crisis.
2 min read · 08 February 2013
Standard & Poor’s estimates private debt sources – what it calls ‘shadow banking’ – can provide up to $25bn of project finance loans this year. However, it warns its ‘opaque nature’ carries certain risks.
2 min read · 07 February 2013
The International Finance Corporation is one of a host of LPs in a R$1bn credit vehicle, designed to address lending deficiencies in Brazil’s private sector and managed by Arminio Fraga's Gávea Investimentos.
1 min read · 07 February 2013
The volume of non-bank lending into Europe has been described as “extraordinary” in a recent report gauging attitudes towards the European distressed debt space, which suffered a difficult year as the expected wave of restructurings failed to materialise.
3 min read · 07 February 2013
Mark DeNatale and Scott Bynum have been reunited with former colleague Steve Hickey at CVC Credit Partners, the debt arm of buyout group CVC, after leaving Goldman Sachs.
2 min read · 08 February 2013
Microsoft has provided one of the biggest ever mezzanine loans to fund US buyout group Silver Lake’s record-breaking $24bn buyout of Dell.
3 min read · 05 February 2013
Southern Europe continues to face huge economic challenges – challenges so great that they may yet bring down the entire Eurozone. But although investing within the region is more difficult than ever before, local managers say there are still good deals to be found
9 min read · 15 February 2013