Although deal-making activity by Ares was off to a slow start at the beginning of Q2, it picked up later in the quarter and is shaping up to be even stronger so far in July.
2 min read · 11 August 2014
The $50 billion Pennsylvania pension system is committing $1.3 billion to a variety of private markets and hedge funds, with the biggest ticket going to a European private debt fund with Park Square Capital Management.
3 min read · 11 August 2014
High yield issuance in Europe hit a half year record reaching €113 billion in 1H14, marginally overtaking the US.
2 min read · 08 August 2014
Former Aareal, Hypo Real Estate and Deutsche Bank executive Christoph Donner is to assume the role more than six months after it was vacated by James Stolpestad.
1 min read · 07 August 2014
The unit represents the fastest growing channel at Apollo, while overall profit slightly declines.
3 min read · 06 August 2014
The private equity and debt firm raised $6bn for its closed-end funds in the last 12 months and has many more in the works.
2 min read · 04 August 2014
The Virginia BDC is providing $8.75m in equity and debt financing to Southern Petroleum Labs in its acquisition by a consortium of private equity firms.
1 min read · 05 August 2014
The New York-based real estate equity and debt firm has raised $145 million for the first close of its third real estate debt fund.
2 min read · 01 August 2014
The New York-based firm's credit hedge funds now have $5.4 billion in assets and the credit private equity funds are at $9.7 billion, while total firm AUM has grown to a peak of $63.8 billion.
2 min read · 31 July 2014
Bill Sacher, who has led Oaktree's mezzanine unit for 13 years, has left the firm following a disagreement about strategy.
2 min read · 31 July 2014