The distressed vehicle that Centerbridge is raising $5bn on includes a main fund and a “flex” portion to be invested once more distressed opportunities materialize.
2 min read · 01 June 2016
Amit Majithia has joined the London-based finance specialist after 15 years as a lawyer and property developer.
1 min read · 01 June 2016
The private equity firm has sold a further one-third of its original stake in Cholamandalam Finance, securing a 4.0x return to its investors.
2 min read · 01 June 2016
Sumanth Cidambi will join Edelweiss to manage the group’s distressed assets portfolio.
2 min read · 01 June 2016
The state-owned savings plan released an RFP for $100 million commitments for up to three funds with at least 6 percent net IRR.
2 min read · 31 May 2016
The Midwestern US pension fund plans to hire two firms for its first direct lending mandate at a total of $400m.
2 min read · 31 May 2016
The US pension fund is interviewing Crescent, Maranon and Monroe for another direct lending mandate, after hiring Alcentra earlier this year.
1 min read · 31 May 2016
Almost a third of SMEs polled blamed high street banks for the loss of a business deal or opportunity.
1 min read · 31 May 2016
The Alaska Permanent Fund has announced its allocations across a range of asset classes for next year.
1 min read · 27 May 2016
Fund managers in the mezzanine space are experiencing some sharply contrasting fortunes.
3 min read · 26 May 2016
