Arizona has a 1.4% allocation to private debt.
1 min read · 01 July 2013
Dennis Levine will helm the asset manager’s new credit arm and is joined by JPMorgan’s Peter Jaffe.
2 min read · 01 July 2013
French asset management group Tikehau this week announced it had bought a 35 percent stake in Duke Street Capital. The move raised eyebrows at first at Private Debt Investor HQ, as Tikehau has a well-established private debt arm. Did this mean Duke Street, which switched to a deal-by-deal funding model last year, would solve its debt funding riddle? One concern with a deal-by-deal model is that wedded to the time it takes to put together a debt financing package, you also have to pull together an equity syndicate too. Would Tikehau Investment Management (the French group's debt segment) get first refusal on a string of Duke Street buyouts?
2 min read · 28 June 2013
Lisa Johnson joins from Parker Global Strategies to boost client coverage in the region.
2 min read · 28 June 2013
The $5.8bn retirement system would allocate 2-3% of its assets to opportunistic real estate.
2 min read · 26 June 2013
Torchlight invested through its $1bn Debt Opportunity Fund IV.
1 min read · 26 June 2013
The fund management arm of the New York-based developer has teamed with the JPMorgan Asset Management subsidiary to originate debt for US real estate.
3 min read · 26 June 2013
Commitments included $150m to Apollo’s latest credit opportunities fund.
2 min read · 26 June 2013
Weak recovery rates indicate second lien debt performs like “underpriced mezzanine debt”.
2 min read · 26 June 2013
Northwest FCS, a lender to agribusinesses, provided $115m in debt.
1 min read · 26 June 2013
