The firm has agreed to acquire a portfolio of consumer credit debt from Bank of America’s MBNA unit — one of the largest issuers of credit cards. AnaCap is positioning to take advantage of banks’ divestment of non-core assets.
3 min read · 15 January 2013
If adopted, the $235bn pension system would place most of its alternative investments in buyout funds, with an additional 30% in credit related investments and growth/expansion funds.
2 min read · 15 January 2013
The New Jersey Division of Investment has committed $300m to TPG Capital, a longstanding relationship for the pension, and $200m to three other managers.
2 min read · 15 January 2013
Magnus Christensson, the European head of fund placement activities at Jefferies bank, is joining TPG Capital as a member of its European capital raising team.
2 min read · 15 January 2013
Magnus Christensson, the European head of fund placement activities at Jefferies bank, is joining TPG Capital as a member of its European capital raising team.
2 min read · 15 January 2013
Blackstone-affiliate GSO Capital Partners has collected more than $2bn for its second mezzanine fund. GSO's fund will compete with other mega-firms that have raised capital to take advantage of the tight credit markets.
3 min read · 15 January 2013
The firm has already completed its first investment with its fifth European mezzanine fund, backing the buyout of business intelligence provider Bureau van Dijk.
2 min read · 15 January 2013
The US firm has bolstered its FIG portfolio with with a 9% stake in India Infoline Group.
2 min read · 15 January 2013
Apollo's Sanjay Patel and Hamilton Lane's Juan Delgado Moreira were among speakers at the forum who noted that interesting investment opportunities, such as companies' increasing demand for credit in India, can be found amid global economic turmoil.
2 min read · 15 January 2013
Listed vehicles have been successful in strengthening their balance sheets during the financial crisis and are ready to deploy capital once markets settle, according to research from Deloitte.
3 min read · 15 January 2013
