The Q3 Private Debt Investor Fundraising Report 2015 is out now
1 min read · 19 November 2015
The New York-based private equity firm is expected to close its fourth property fund at its hard cap early next year.
2 min read · 17 November 2015
RiverNorth Capital Management, which owns 6 percent of Fifth Street Finance Corp shares, sent a letter to the BDC’s board outlining concerns over mismanagement and poor performance. The firm has demanded new board members and strategic changes to enhance stockholder value.
4 min read · 17 November 2015
The Spanish-focused debt and equity provider has launched its second fund with a €350 million target. Existing investor Allstate Investments has come back in as cornerstone investor in the new fund.
2 min read · 17 November 2015
The California pension fund also recently tapped Park Square for a new $50m European direct-lending mandate, while continuing negotiations with Cross Ocean and Alcentra over fees.
2 min read · 17 November 2015
News that global banks will have to raise up to €1.1tr in loss-absorbing capital creates an opportunity twice over for alternative credit providers.
3 min read · 13 November 2015
Ireland Strategic Investment Fund has teamed up with US real estate lender Quadrant to form a real estate development lending joint-venture. The new fund is the state-controlled investment fund's second real estate lending joint-venture after it announced a tie-up with KKR earlier this year.
2 min read · 12 November 2015
The firm is opting to close the hedge fund it launched the business with and focus on longer-dated debt strategies instead.
2 min read · 12 November 2015
The alternative investment firm saw revenues fall steeply on the back of mark-to-market unrealised losses in Q3. At the same time, the asset manager grew assets almost 15 percent from September 2014, including a second close on its European direct lending fund and healthy performance in DL strategies.
3 min read · 11 November 2015
The $184 billion pension fund has created a $200 million credit programme for small businesses in the state. Hamilton Lane, which already runs an in-state private equity program with the pension fund, will advise on deals, while several banks will provide leverage.
2 min read · 11 November 2015
