The $2.5bn California pension fund has invested $50m apiece in direct-lending funds managed by Crestline Investors and White Oak Global Advisors.
2 min read · 11 November 2015
Michael Henningsen with 15 years advisory experience in alternative assets and capital markets will co-lead First Avenue’s expansion in Asia-Pacific.
2 min read · 11 November 2015
A steering committee has agreed to the proposal in a non-binding letter of support, while a second plan from a Farallon-led committee has also emerged, according to reports.
2 min read · 10 November 2015
The BDC continued to post falling revenues and assets in its Q3 earnings report and management declined to discuss the planned sale and rival bids for the firm.
2 min read · 09 November 2015
Twin Brook Capital Partners, Angelo Gordon’s direct lending subsidiary, has collected $400 million towards its $500 million target and fundraising should be concluded in January.
2 min read · 06 November 2015
Banking veteran David Scudellari has joined the Canadian pension investment manager to lead its new direct lending arm. He plans to staff the office with 10 more people and PSP will also eventually house other alternative investment professionals in the new NYC office.
3 min read · 05 November 2015
The $93 billion investment firm for insurance companies is set to take a majority stake in the US debt manager for $175.6 million.
2 min read · 05 November 2015
The American pension fund could hire two or more managers to handle $200 million to $400 million in a US direct lending mandate.
1 min read · 04 November 2015
Insurers at the heart of new platforms, which will benefit from credit enhancement and are modelled on a $3bn pilot created for the Chinese central bank.
2 min read · 04 November 2015
The US pension fund is investing with GSO, Chambers Energy Capital and Apollo Aviation Group, while earmarking another $632m to other private equity and real estate investments.
2 min read · 04 November 2015
