The Pennsylvania State pension fund is making additional commitments to existing alternative managers as part of a plan to invest more money with fewer firms.
1 min read · 24 July 2014
Alternative real estate lenders in Europe represent 40 percent of active lenders as at Q2 2014, as revealed in a report from Cushman & Wakefield
2 min read · 24 July 2014
The London-headquartered insurer and investment manager has lent £90m to one of its property funds on the back of its €250m commitment and 40 percent stake in a new European direct lending platform.
3 min read · 24 July 2014
The Connecticut-based firm is raising a new credit fund with the help of newly acquired DLJ Investment Partners.
1 min read · 22 July 2014
The London-headquartered firm plans to hold a close for its third Asia Pacific fund in the next few weeks, raise a new European CLO, and launch a fund in Japan, carrying on the momentum built up during a busy second quarter.
2 min read · 23 July 2014
Europe-focused real estate debt funds raise more capital than those focused on other regions in the first half of the year, according to PDI's Research & Analytics team.
1 min read · 24 July 2014
Advisory firm CR Investment Management has hired former Lloyds and Anglo Irish banker Andreas Costa to expand its non-performing loan and debt origination capabilities.
2 min read · 23 July 2014
New York-based CIT Bank, which is led by former Merrill Lynch and NYSE Euronext executive John Thain, will merge with Los Angeles-based OneWest to create a US lending powerhouse.
2 min read · 23 July 2014
The emerging markets specialist Ashmore has held a first close on a private debt fund at more than $110 million.
2 min read · 23 July 2014
The Ares-run BDC is offering 13,500,000 more common stock shares that it plans to use to pay back debt and for other corporate needs.
2 min read · 21 July 2014
