The firm’s joint venture with CPPIB and Stone Point, MerchCap Solutions, helped to arrange some of the $580m in commitments for the new vehicle.
2 min read · 20 August 2013
Barclays expects leveraged loan issuance in the US to surpass $340bn.
2 min read · 19 August 2013
Jennifer Morais has left CPPIB's funds, secondaries and co-investments team, which is working to deploy $10bn in secondaries deals over five years.
2 min read · 19 August 2013
Proceeds from the £350m bond issue have been used to repay £178m in PIK notes issued at the time of its buyout by Apax Partners in 2005.
2 min read · 15 August 2013
The Chinese government is mulling the launch of a new trading platform to allow investors to buy into the country’s substantial pool of state bank-held non-performing loans, according to Reuters. If so, it would be welcome news.
2 min read · 16 August 2013
Illinois Teachers’ made three re-ups at its meeting Thursday.
2 min read · 16 August 2013
The John Brice-led firm’s previous CVI Credit Value Fund had generated an 18.7% IRR through September.
2 min read · 16 August 2013
Ex-Citigroup financial sponsors head Jonathan Rowland's team has advised the likes of Lion Capital in recent weeks.
1 min read · 15 August 2013
The credit portfolio outperformed CalPERS' 16.03% benchmark for private equity strategies, the only sub-segment to do so.
2 min read · 15 August 2013
Meheen Manufacturing, a bottling machine manufacturer, is the firm’s second deal with Evolve Capital in the last year.
1 min read · 14 August 2013