The real estate division of French insurance giant AXA has been selected by five Danish pension funds for a mandate to make senior property loans in Western Europe, mainly concentrating on the UK.
2 min read · 17 April 2014
The chairman of Royal Bank of Scotland's Irish subsidiary told a government committee that about 35 percent of its SME loan book is classed as distressed.
1 min read · 16 April 2014
Castlelake closed on $1.4bn in March.
1 min read · 15 April 2014
The firm, headquartered in the shadow of London's St. Paul's cathedral, raised 70 percent more than its initial target and has already deployed half the fund since a first close last February.
1 min read · 14 April 2014
US deals averaged a 5.7x debt-to-EBITDA multiple in the two years leading up to the financial crisis.
2 min read · 09 April 2014
The Volcker Rule prohibits banks from sponsoring or having interests in certain CLO products.
1 min read · 08 April 2014
Proceeds from the termination will be used to fund commitments to Babson Capital and Crescent Capital.
1 min read · 03 April 2014
Prudential Financial's real estate investment arm has raised €265m for its latest junior debt fund, which will focus on investments in Netherlands.
2 min read · 03 April 2014
The $180.8 billion retirement system made the bulk of its distressed commitments in the years leading up to the financial crisis.
2 min read · 02 April 2014
New UK lender Wellesley, co-led by chairman and founder Graham Wellesley, has lent £8.3m in the largest peer-to-peer platform loan in Britain.
1 min read · 02 April 2014
