Assets under management and revenues are also rising at the credit-focused arm of Blackstone.
1 min read · 16 October 2014
Regulation loomed large again this week, as the Financial Stability Board announced new haircut requirements for repurchase operations between banks and non-banks. The moves shouldn’t have a big impact on most lenders in the private credit space, but it is another step by regulators towards more oversight of non-bank lenders.
3 min read · 17 October 2014
The UK-based financial services private equity and credit firm has bought a portfolio of NPLs from Italy’s largest banking group.
2 min read · 16 October 2014
Most of the money was invested via one-stop loans in mid-market companies.
2 min read · 16 October 2014
A new European mezz fund targeting around €2bn is expected to come to market soon, while a second direct lending fund is also being mooted.
3 min read · 16 October 2014
The $15 million investment in Merlin RAMCo. is a combination of unitranche debt and equity.
1 min read · 15 October 2014
Fortress and Oaktree are just two of several large private credit firms that are already raising money in anticipation of distressed opportunities.
1 min read · 14 October 2014
Chicago-based Gerchen Keller Capital has closed its new debt fund on $368 million.
1 min read · 14 October 2014
The senior secured revolving credit facility will help All American Oil & Gas refinance and pay for reserve development for an oil field in California.
2 min read · 15 October 2014
Private equity-backed Trident University has signed a $35m leveraged loan with a Chicago-based debt fund.
1 min read · 15 October 2014