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
Daniel Pottorff joins LaSalle from SVP to focus on western European investments and will report into group heads Amy Aznar and Michael Zerda.
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
The North Carolina BDC is increasing the dividend it pays out to shareholders on the back of strong performance, though its profit this year has slightly declined.
2 min read · 08 August 2014
The UK government’s initiative to compel banks which decline loan applications to introduce those would-be borrowers to alternative lenders is a welcome boost for the private debt industry.
3 min read · 08 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 New York lender is offering $60 million in senior secured credit to a JV between two real estate companies that will be using the money to refinance and renovate a sprawling office complex in San Diego.
2 min read · 07 August 2014
European syndicated leveraged loan activity reached a seven year peak in July, topping €14.6 billion according to S&P Capital IQ LCD.
2 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