All 99 members of the Local Government Pension Scheme can appoint any of the four shortlisted managers under a newly created framework.
2 min read · 19 May 2015
The fund is changing its name to KKR Private Credit Opportunities Fund and will only charge fees on invested capital, a policy the firm is implementing on its second special situations fund.
2 min read · 19 May 2015
3i’s credit business is growing rapidly, and will face its first big test in the next downturn. The same is true for the private debt industry as a whole.
2 min read · 15 May 2015
The US lending firm is providing a $355 million credit facility for the refinancing of Plano Synergy Holdings, an OTPP portfolio company.
1 min read · 14 May 2015
The asset manager’s third party private equity assets under management fell as the firm had a strong year of realisations while future growth is will be focused on the debt and infrastructure strategies.
2 min read · 14 May 2015
The private credit group at the US asset management firm plans to use leverage to increase the total capital to $2 billion. The team is also gearing up for its move to Austin and considering launching a BDC.
3 min read · 13 May 2015
The BDC has cut its dividends and is working on a number of other initiatives to get the vehicle in better shape.
4 min read · 12 May 2015
SDCERS has made a commitment to the fund following a previous investment in Torchlight Debt Opportunity Fund IV.
3 min read · 12 May 2015
The Gateway Mezzanine Fund II will consider investments in Australia, New Zealand, Hong Kong, Singapore, Korea and Japan, and focus on sponsored deals.
2 min read · 08 May 2015
As the asset class grows in popularity, questions arise as to whether everyone fundraising in private debt has the right skill-set.
3 min read · 08 May 2015